Municipal market participants are increasingly skeptical that an infrastructure bill will pass this year.

The measure, backed by Gov. J.B. Pritzker, cleared the House Revenue and Finance Committee on a party-line vote.

Moody’s Investors Service named New Jersey and Illinois as the two states least prepared for a recession.

The 10 most populous U.S. states that levy income taxes all saw April revenue spikes, in many cases after missing projections in the previous months.

Cris Johnston will replace Micah Vincent, who is leaving the position for the private sector.

Texas lawmakers are taking unprecedented steps to limit local control of government, advocates for cities and counties say.

Amid the gadgets on display at the Smart Cities NYC conference, some local and regional officials spoke more pragmatically about making tech work.

The federation endorsed the plan only after Gov. J.B. Pritzker dropped plans for a partial pension funding holiday.

For the fiscal year, the state's total revenue collections are ahead 6.2% over the same period last year.

It is budget-balancing time across the land and, as is typical, New Jersey has unique challenges.

Soaring April tax collections have positioned New Jersey for its first rainy day fund deposit since 2008.

Communities that have reached their debt capacity can attract funding from private investors who are focused on energy savings and climate change.

Illinois bonds are gaining ground in the secondary, supported by scant supply and recent fiscal developments viewed positively by investors and analysts.

The $650 million Denver International Airport terminal remodeling project has run up against concrete deficiencies in the original structure.

New Jersey Senate President Steve Sweeney says the state needs to overhaul pension and health benefits to rebuild its ratings.

California's April revenues came in $4 billion higher than anticipated.

Although first-term Democratic Gov. Laura Kelly failed to win expansion of Medicaid coverag, she praised GOP lawmakers for beginning to clean up "a mess."

Reports of overtime abuse, a call for a prosecutor and strained labor relations, intermingled with a fiscal crisis, produced an explosive board meeting.

Travis County has closed on a $330 million, triple-A rated deal to fund the civil and family courts building in downtown Austin.

Lawmakers have to wait another week for the governor's five-year infrastructure plan.