Budgets

The state is $666 million ahead of budget projections for the first quarter of fiscal 2018.

Moody's Investors Service placed 29 cities and school districts on review for downgrade.

S&P lowered its outlook to negative, citing constraints from the four-month impasse.

The short-term lifeline will enable the commonwealth to make Medicaid payments while it will lacks a revenue plan.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

City Council member Paul Krekorian counters that city is still in good financial shape.

The city is looking for banks to lead a tender offer and refunding of bonds issued as part of its bankruptcy exit.

The county must move to replace the lost revenue, the rating agency says.

The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.

The allure of promised savings persuaded most Chicago City Council members.

Recovery from Hurricane Harvey is expected to cost state government about $2 billion over the next two years.

The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.

The mayor cited high reserves and bond ratings while challengers Nicole Malliotakis and Bo Dietl called his spending reckless.

Cook County officials will have a $200 million budget hole to fill without the tax.

The governor said the lease agreement could provide $200 million up front for the cash-strapped state.

A soda tax repeal would drill a $200 million hole in the county's budget.

Despite Hurricane Harvey's arrival, Texas's monthly sales tax revenue rose 10.4%, according to state Comptroller Glenn Hegar.

The state Supreme Court ruled that the Kansas school funding system is inadequate.

Lawmakers can't agree on how to fund the state budget, while the governor looks for a loan from the state liquor monopoly.

Uncertainties remain around the state’s water supply, according to a report from the California Department of Water Resources.