Congress should also eliminate the mass transit account from the Highway Trust Fund, and consolidate all federal fuel tax revenues into the HTF, the USDOT proposed.

Cities with voter requirements face higher borrowing costs, a study found.

Washington, D.C. and the House Oversight Committee are squabbling over tax policy as the federal government weighs legislation that would prevent the city from raising taxes without Congressional approval.

The Texas city needs higher rates in part to support future debt that would be issued for $1.1 billion of water supply projects that are underway.

Moody's and Fitch downgraded the school district's ratings.

In fiscal 2026, Indiana saw 6.8% year-over-year growth in state revenue amid a 27.7% surge in corporate tax revenue, leading to a surplus of $1.85 billion.

The effects of the 21st Century ROAD to Housing Act are already being sized up as the impetus for maximizing their intentions may fall on local public finance and regulatory policies.

The U.S. Department of Housing and Urban Development is suspending between $1 billion and $2 billion of aid approved for the islands.

Action on a surface transportation bill, however, is likely to be delayed until September.

A battle over implementation of Chicago's budget became public Thursday after Mayor Brandon Johnson's team held a midyear hearing.

States continue tinkering with finding the right mix of property tax, sales tax, and income taxes leveled on the affluent.

The House Transportation and Infrastructure Committee renews a push for major FEMA reform that's endorsed by local governments while the Senate attempts to influence change from within the agency.

The state's Republican governor and legislative leaders ordered 3% cuts for the next biannual budget as they announced their priorities for the 2027 session.

The district is planning to bring $1.17 billion of revenue bonds to the market next week.

"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.

Federal Reserve Gov. Lisa Cook said risks, including geopolitical tensions, are tilted toward higher inflation in the near term.

Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.

Milwaukee is considering a bond-financed municipalization of its electric utility, which is currently run by investor-owned We Energies.

The Senate Environment and Public Works Committee released a bipartisan agreement on the Water Resource Development Act, a positive step toward answering questions about state revolving funds used by local water authorities for infrastructure improvements.

The Build America Bureau "continues to work with the project sponsor to obtain the information required for the creditworthiness review," said a USDOT spokesperson.