Budgets

Pontiac and Lincoln Park, two Michigan cities, gain control over their internal operations and finances.

To make sure Puerto Rico’s government only spends on what it believes to be necessary, it has instituted a 5% spending freeze on its departments.

Illinois Gov. Bruce Rauner reshaped a school funding bill Tuesday, cutting CPS' piece of the pie.

Marion County and Indianapolis council approved the first $20 million in financing for a new criminal justice center.

After months of deliberation, standoffs and subsequent silence, the Rhode Island legislature has come to an agreement on a budget for fiscal 2018.

Chicago heads into 2018 budget season with a $114 million hole to fill.

As the number of casinos continues to rise across the mid-Atlantic and New England regions, the industry boom could result in increased risk for those states, according to a report released Monday by S&P Global Ratings.

Cook County can begin collecting a beverage tax that is expected to generate $200 million annually.

New York State may face fiscal challenges from revenue growth that's slower than forecast earlier and from potential federal budget changes, according to the state’s top fiscal officer.

The plan features tax increases and $1.3 billion of new borrowing.

New York City’s $87.96 billion budget for fiscal 2018 shows “a responsible increase” of 2.8% from the adjusted 2017 budget, according to an analysis done by New York City Comptroller Scott Stringer.

The U.S. Virgin Islands' proposed budget may be overly optimistic in its revenue and spending assumptions, according to a Fitch Ratings analyst.

The sales tax breaks on car trade-ins comes at too great a price for the state.

The agency maintains its AA-minus rating on the commonwealth while awaiting a revenue package.

The budget for the next fiscal year increases spending on public safety and a stalled jail project.

Chicago has good news to share as investors return to town, though pension and school woes loom large.

Gov. Charlie Baker says it falls within a 'reasonably manageable' range

The fate of Illinois’ fiscal 2018 appropriation for school districts remains up in the air with a showdown looming between Gov. Bruce Rauner and the General Assembly’s Democratic majority.

A rise in New York’s allowable property tax levy increase to 1.84% from 0.68% is a credit positive for the state’s municipalities, according to Moody’s Investors Service.

U.S. Virgin Islands governor Kenneth Mapp is cutting spending with an eye on moving toward a structurally balanced budget.