Budgets

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.

The governor said he would borrow against $1.25 billion in profits from the state liquor system.

Oyster Bay Town Supervisor Joseph Saladino proposes slashing outstanding debt by $50 million in his first budget proposal since taking over the junk-rated Long Island municipality eight months ago.

The Oklahoma Department of Transportation is scaling back on highway and bridge projects.

The state still lacks a budget as Democratic Gov. Dannel Malloy vetoed a Republican-crafted $40.7 billion biennial spending plan. Meanwhile, capital Hartford spirals toward a possible bankruptcy. Mayor Luke Bronin says increased state aid, bondholder flexibility and labor concessions are all needed to keep the city out of Chapter 9.

The payoff comes as the district takes out new tax anticipation notes.

The withdrawal or reduction ofederal support for healthcare funding would damage the state budget.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

The Republican lawmaker said Monday that the tax cap proposal should take priority during the next legislative session.

Luke Bronin called the latest multiple-notch downgrades no surprise.

The city says for now it has all the capital market access it needs.

The spending plan still relies heavily on sales tax growth, according to S&P Global Ratings.