Janet Mills wants to use $1 billion in federal infrastructure aid and higher-than-expected state revenue to fund billions in transportation improvements.

California Gov. Gavin Newsom's proposal reverses plans laid out in last year's budget to redeem some bonds and use cash rather than bonds for some projects.

P3 that build tolled highway lanes could help meet funding gaps, Gov. Bill Lee said as he unveiled his transportation plan to state officials.

The county supervisors follow a similar declaration from Los Angeles Mayor Karen Bass to speed up efforts to deal with the homelessness crisis.

While the bill has wide support in the Puerto Rico House of Representatives, the Oversight Board has yet to offer its opinion.

President Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.

The CTA and its fiscal parent, the Illinois RTA, will try to build a coalition for future funding to face the fiscal reckoning after federal COVID-19 aid ends.

A family earning Miami's median city income would need to spend 85% of their paycheck to buy Miami's median-priced home, said the firm RealtyHop.

Illinois Gov. J.B. Pritzker signed legislation sending a portion of the state's surplus to the budget stabilization fund and raising the target balance.

Esther George, the president of the Federal Reserve Bank of Kansas City, is retiring later this month. What's taking the bank so long to find a successor?

As revenue collections climb, governors are laying out plans to reduce property, sales, and income taxes.

"Let's face it, the state of our trains, roads, and bridges today is unacceptable," Massachusetts Gov. Maura Healey said in her inaugural address.

The $242 million payment that's being made in addition to regularly scheduled contributions launches the city's policy aimed at staving off growth in its unfunded liabilities, a goal made all the more urgent by the beating pension funds are taking on their investments.

As a result of low projected available capacity, some school districts may not get the program's triple-A ratings for their bond sales.

Gov. Jay Inslee wants a $4 billion bond referendum for housing that would be outside the state's debt limit. State lawmakers must approve first.

Federal Reserve Bank of Kansas City President Esther George said the U.S. central bank should raise its benchmark interest rate above 5% and hold it there well into 2024 to bring inflation down.

The Oversight Board seeks to recover $1.42 billion in fees on bond deals and interest rate swaps.

The organization is focused on some key muni priorities with the new year and new Congress.

The Greater Chicagoland Economic Partnership said it will leverage the region's first-rate freight infrastructure, talent, industries and institutions.

While the turnpike authority is mulling an appeal of an Open Meeting Act violation judgment, lawyers for property owners are preparing to sue over money paid to contractors.