The first motor fuel tax increase in decades could eventually raise more than $450 million annually.

On a year-over-year basis, state tax revenues were up $321.1 million while the overall growth rate was 20.9%.

Children born into poverty whose births are covered by the state's Medicaid program are eligible, with funding through $600 million of GO bonds over 12 years.

Total revenue collections rose 14.5% from fiscal year 2020, ahead of an earlier forecast of 2.7% growth.

Kansas closed its fiscal year with tax collections running 9.3% over estimates and its highest reserves since 1980, officials said.

Hawaii lawmakers made changes to the budget this week in response to a flurry of vetoes from Gov. David Ige.

General fund receipts increased to record surplus as road fund receipts gained 10.1% in the Bluegrass State.

A strong resurgence from last year's pandemic-driven recession is reflected in record revenue for June and the fiscal year in Oklahoma.

Hawaii lawmakers approved the budget before Treasury guidance banned the use of federal funds for debt payments or reserves.

With the effects of the pandemic fading, Texas tax collections showed strength across all sectors, Comptroller Glenn Hegar said.

Gov. Jim Justice said strong revenue collections during fiscal 2021, amid the pandemic, left the state with with a $413 million surplus.

Joseph Krist, publisher of Muni Credit News, explores state budgets, federal aid, climate change and cybersecurity. Paul Burton hosts. (34 minutes)

Michigan's fiscal recovery led S&P Global Ratings to lift its rating outlook to stable from negative. Fitch boosted its outlook to positive earlier this month.

S&P Global Ratings gave California an elevated risk in the environmental category on an ESG scorecard, partly because of wildfire risks.

The amended budget bill approved by lawmakers Monday remains opaque on high-speed rail and broad band.

A $3.7 billion transfer from the general fund would cover $2.5 billion for retiring and defeasing state debt, and $1.2 billion to backstop capital construction projects.

The U.S. Department of Transportation secretary and elected leaders from New York and New Jersey pitched the $11.6 billion project, citing economic and safety concerns.

With just a few days before the new fiscal year, Arizona lawmakers passed a $12.8 billion budget that largely neutralizes a tax measure voters passed in 2020.

According to State Comptroller Thomas DiNapoli, the brighter outlook could prompt increased rain-day deposits.

One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year.