Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.

Despite a boost in state funding, Arizona school districts face big budget cuts unless the Republican-controlled legislature lifts a cap on their spending.

The once-barren budget stabilization fund now tops $1 billion but it's meager compared to the cushion built up by other states.

The Skyway sale "proves that sophisticated global investors who can buy assets anywhere view Chicago as a great place to invest," said a spokesperson for Mayor Lori Lightfoot.

Massachusetts Treasurer Deborah Goldberg talks about the Bay State's economic recovery, the largest ESG bond deal ever done in the municipal space and special state initiatives such as promoting diversity and inclusion and creating a Baby Bond taskforce. Chip Barnett and Thomas Nocera host. (22 minutes).

With Texas reporting a double-digit revenue increase in fiscal 2022 and projecting a record budget surplus, Gov. Greg Abbott wants a large property tax cut.

A shift is underway at the Federal Reserve in how to describe neutral — the interest rate level that neither stimulates nor restrains growth — as it debates how much higher to hike.

Nearly all construction firms have job openings, and more than half said they're seeing projects being scaled back, postponed or canceled.

Economists presented a good news-bad news scenario during their September forecast that included the possibility of a recession, which would kill the kicker rebate.

Modeled after New York City's Hudson Yards, the plans call for a high-density urban district with a transit terminal and at least 35% affordable housing.

Fitch said it expects the law will spur more public power borrowing for clean energy facilities.

The "after-action" report concluded that the Great Hall project would have been better served with a more traditional finance and contracting approach.

The state's Board of Public Works could vote on the 50-year concession this fall as Gov. Larry Hogan aims to button up the project before he exits office in January.

It's the latest setback for Gov. Larry Hogan's signature project, which he wants locked down before he exits office in January.

The state is heavily dependent on personal income taxes, which have dropped the most.

The duration of outages has continued to increase, causing backlash for elected officials.

A Reason Foundation study found K-12 debt steadily rising since 2014.

With online sports wagering off to a fast start in New York State, lobbyists for online casino games want to be next.

The Federal Reserve looks to be paying closer attention to a potential pinch-point that rankled dollar funding markets almost three years ago and could at some stage become a catalyst for ending early officials' plans to shrink the U.S. central bank's expanded balance sheet.

U.S. central bankers offered divergent signals over the size of the next interest rate hike, with St. Louis's James Bullard urging another 75-basis-point move while Kansas City's Esther George struck a more cautious tone.