Budgets

Hartford Mayor Luke Bronin's $613 million FY18 spending plan acknowledges a $50 million shortfall.

Indiana's latest revenue estimates offered good news for lawmakers.

New Jersey’s pension burden continues to worsen, according to a Moody’s Investors Service report.

West Virginia Gov. Jim Justice likened the fiscal 2018 budget passed by the legislature to a “death certificate,” as he vetoed the spending plan.

Gov. Dannel Malloy said he would devote the rest of his term to patching up Connecticut's economy.

The federal government ran a $176.2 billion deficit in March, the Treasury Department reported Wednesday.

Atlantic City Mayor Donald Guardian has proposed a new budget with $35 million in cuts in an effort to bring the cash-strapped Jersey Shore locality back to fiscal health.

California's March revenues topped projections by 23%, but are expected to soar even higher in April boosted by income tax collections.

To finance a new municipal building and police station, the Butler Twp. supervisors plan to take out a bond issue rather than a bank loan, reversing a decision from last month.

When the Midland City Council approves the recommendation to pay off the debt related to the construction of the Scharbauer Sports Complex, the city will have paid more than $65.4 million in principal and interest.

With its income-tax proposal stalled, the Alaska House majority is now moving its oil-tax bill instead, unveiling a new version of the legislation Friday that limits cash subsidies for companies and makes substantial changes to tax rates and credits.

New York lawmakers finalized a new $163 billion budget over the weekend that includes additional funding for water infrastructure enhancements through capital bonding.

An 11th New Jersey credit downgrade under Gov. Chris Christie prompted a grilling of State Treasurer Ford Scudder Wednesday about concerns of future higher borrowing expenses.

In the face of continuing uncertainty surrounding federal polices regarding states and cities, the New York City Council this week urged Mayor Bill de Blasio to build up the city’s reserves.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Central Falls, R.I., Mayor Jim Diossa discussed the city’s climb from bankruptcy to investment grade.

Illinois House Democrats pressed forward on an $800 million spending bill.

Transportation Secretary Elaine Chao said a Trump infrastructure proposal could be ready by May.

New York’s first late budget in seven years will not impact the state’s owed bond payments, according to Moody’s Investors Service.

Distressed local governments struggling under the weight of pension, healthcare, and other debts could turn to a special authority for fiscal guidance under legislation before Illinois lawmakers.