Budgets

S&P Global Ratings says stock market gains will boost California revenues in fiscal 2018.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

California's state controller wants a new governance policy for the state Board of Equalization.

A New Jersey state senator introduced legislation to legalize and tax recreational marijuana.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

Minnesota's governor and GOP lawmakers have yet to settle spending differences for a new budget.

California's governor restored revenue to cities in exchange for support of his transportation bill.

Connecticut was downgraded to A1 from Aa3 by Moody's Investors Service.

West Virginia lawmakers resumed a special session Monday to iron out budget and tax cut differences.

Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.

New York City will end fiscal 2017 with a $4 billion surplus, the Independent Budget Office projected.

Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.

Colorado Gov. John Hickenlooper may call lawmakers back to reconsider a transportation bill.

Arizona's new budget could allow $1 billion in new bonding for higher education.

Connecticut received a push out of double-A territory, as Fitch Ratings dropped it to A-plus.

Connecticut and capital Hartford face serious financial crises.

California Gov. Jerry Brown proposed using money from an investment fund to pre-pay CalPERS.

The Illinois Senate President warned that disaster looms if historic gridlock doesn't end soon.

The federal government ran a $182.4 billion surplus in April, the Treasury Department reported Wednesday.

Florida Gov. Rick Scott may veto the Legislature's $82.4 billion budget.