Politics and policy
Politics and policy
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Almost all of the $1.55 billion surplus will go into the state's rainy-day fund, raising its balance to a record $3.7 billion, a 2,700% jump since 2019.
July 26 -
The plan dedicates most of the funds to repairing and modernization existing infrastructure.
July 24 -
Energy-producing states are riding out oil and natural gas price swings that affect severance tax collections.
July 24 -
Analysts look at whether the FOMC will bring the last rate hike in the cycle, whether recession is coming, and whether the Fed is making a policy mistake.
July 24 -
The puzzling accounting discrepancy, which dates to 2005, threatened to lead to the rescission of $3.5 billion of contract authority for state departments of transportation.
July 21 -
New Jersey sued the federal government to block a plan to charge drivers entering midtown Manhattan, claiming federal regulatory approval was ill-considered.
July 21 -
The bill will move onto the Senate in hopes of reaching President Biden's desk before the current Federal Aviation Administration authorization expires on Sept. 30.
July 21 -
After a tax increase, the Metropolitan Transportation Authority projects five straight years of balanced budgets for the first time in more than 20 years.
July 21 -
Utilities paid sky-high prices for natural gas and power during Winter Storm Uri, leading to the issuance last year of nearly $2.9 billion of bonds to cover those costs.
July 19 -
The decision signals the end of a legal saga that began last year when local residents opposed validation of $15 billion of municipal bonds.
July 19 -
The bond division undertook two transactions last week to retire outstanding taxable public education capital outlay and state revolving fund bonds. The transactions used $200 million in program funds, along with additional money, to pay down $400 million in state debt.
July 19 -
The measure comes after months of dire warnings over the city's looming insolvency.
July 18 -
The competition is open to nonprofit financing institutions and the funding will target clean technology projects in underserved areas of the country.
July 18 -
The rule amendments would create an exemption for previously qualified municipal advisors to forego requalification after a lapse in working for a municipal advisor.
July 18 -
After months of feuding on how to deliver a massive property tax cut, lawmakers finally passed legislation for an $18 billion package.
July 14 -
Transit capital investment grants would be funded at the lowest level in decades under the House GOP 2024 draft bill.
July 13 -
The bond measure was approved by the Senate in late May but is on pause while negotiations are under way between the Senate, Assembly and the governor's team.
July 13 -
The ruling striking down affirmative action may bring a fresh headwind to the higher education space, which already faces soft enrollment trends.
July 11 -
Through his use of the partial veto, Gov. Evers pared down a GOP-authored income tax cut and gave school districts the power to raise a per pupil revenue limit by $325 annually for centuries.
July 11 -
Facing revenue shortfalls, funding for Gov. Gavin Newsom's zero-emission efforts had been put on a waiting list.
July 10



















