Opponents to the under-the-radar provision say its harshness could impede the execution of the MTA's new capital program by deterring contractors.

State Treasurer John Schroder said he will go to court to stop Louisiana’s state government from spending the money.

The agreement includes a $125 million increase in Community Development Block Grants and a $245.5 million increase in grants to state and local law enforcement.

A new survey by the National Association of State Budget Officers reports these reserves had a median balance of 7.6% of a state’s general fund in fiscal 2019, compared with 4.7% in fiscal 2007 before the onset of Great Recession in December of that year.

The non-profit partner in a $250 million campus apartment complex is suing the university after the school canceled parking and commercial leases.

Denver International Airport expects to pay up to $210 million in termination costs to exit a public private partnership for renovation of its main concourse.

Observers say the deal with the Transport Workers Union could strain the authority's operating and capital budgets.

Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.

The state flagship university is entering into a 50-year concession with ENGIE North America and Meridiam for a $1.165 billion upfront payment.

John Hicks has left his position as executive director of NASBO to become Kentucky's budget director.

Fitch Ratings raised Hawaii to AA-plus from AA.

New York State lawmakers may raise taxes to combat a looming $6.1 billion budget deficit.

The North Tarrant Express Mobility Partners will price $1.2 billion of refunding bonds that enjoy the boost of Fitch Ratings' one-notch upgrade to BBB.

Gov. Tim Walz wants to use some of the extra funds for a bonding bill to fund infrastructure investments in the state.

State funding hasn't kept pace with expenses, and will continue to be constrained by other fiscal priorities.

A stagnant energy economy has different effects in two neighboring states that are among the nation's top oil and gas-producers.

Petitioner John Tillman Wednesday appealed the August circuit court ruling barring his taxpayer complaint challenging repayment of the bonds.

In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.

General Treasurer Seth Magaziner touts his campaign for Rhode Islanders to buy state bonds ahead of a planned $153 million sale, plus other initiatives from his office. Paul Burton hosts.

California lawmakers warned by LAO against spending a large anticipated surplus.