Budgets

Puerto Rico got positive revenue and economic news for March.

Virginia’s budget imbalance stemming from soft revenue growth and spending down its savings led S&P Global Ratings to revise the outlook to negative on the state’s AAA general obligation rating.

Atlantic City’s new proposed structurally balanced budget is a credit positive for the junk-rated city, according to Moody’s Investors Service.

Oregon implemented a state government hiring freeze.

The rating pains of Illinois' public universities took a turn for the worse.

A conference in Chicago weighs lessons from Detroit's bankruptcy.

Atlantic City’s proposed fiscal 2017 budget, with $35.3 million in cuts, is a step in the right direction for the distressed gambling hub, according to S&P Global Ratings.

Local leaders fight for CDBG program during conference call

Seven Illinois public universities with more than $2 billion in rated debt face a rating review.

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.