Detroit raised its fiscal 2023 and 2024 revenue projections but is proceeding with caution as a potential recession could put a dent in collections and pressures loom as pension payments resume.

The jump signals a big pipeline of projects on the horizon.

Changes to the district's pension code now enshrined in state law put it on a path to full funding in 30 years after voters approved a property tax levy hike.

The scheduled expiration of the TCJA tax cuts "is the most significant factor pushing up tax revenues relative to income over the next 10 years," the CBO said.

The new law gives the governor the power to appoint the Disney district's board members and renames it the Central Florida Tourism Oversight District.

An initial toll corridor would require $8.5 billion in upgrades, which would be financed by a new bond credit under a plan under consideration by Michigan lawmakers.

The rainy-day fund is currently at $904 million, but Gov. Joseph Lombardo's budget targets $1.6 billion in reserve by the end of the biennium.

Michigan would funnel $200 million more into its rainy day fund and establish a new school budget stabilization fund under Gov. Gretchen Whitmer's proposal.

Connecticut residents would get an income tax cut and increased spending in education and workforce training under Ned Lamont's spending package.

U.S. Virgin Islands Gov. Albert Bryan Jr. also voiced concern about the EPA closure of an oil refinery in St. Croix.

Public school districts faced $1.38 billion in spending cuts next month due to a constitutional cap on expenditures.

New legislation on the high priority is on its way.

Milwaukee could see relief from pressures that have dragged down its ratings if Gov. Tony Evers' proposals — to raise shared revenues and allow local governments to seek voter approval for a sales tax hike — clear legislative hurdles.

San Francisco is one of a handful of Bay Area cities to meet a state deadline to deliver a blueprint to manage the housing crisis by permitting many new homes.

Translating bipartisan support for infrastructure funding into support for long-term financing is a key lobbying goal for the municipal bond market.

Auburn University in Alabama is one of many schools and companies doing out research supported by the Biden administration to pursue commercial-grade fusion.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

States are dealing with budget surpluses with taxpayer rebates, infrastructure projects and debt service.

While some sectors have fared better than others, those requiring construction struggle as costs rise.

Recent federal legislation marks the largest investment in carbon management in the history of the U.S., which is already a global leader in the space.