Politics

The spending plan the governor will release Friday will include a $4.5 billion economic recovery package in the wake of the coronavirus pandemic.

Texas saw sales tax revenue fall 5% in December, ending a dark year of pandemic and lower oil prices.

Michigan Gov. Gretchen Whitmer named Dave Massaron to replace Budget Director Chris Kolb, who is taking an administrative job at the University of Michigan.

The president-elect takes a much more expansively realistic view on the synergistic relationship between infrastructure investment and the middle class.

New Jersey and Connecticut on Tuesday joined a legal battle to stop neighboring states from taxing residents who due to the pandemic have stopped commuting over state lines and are now working remotely.

Garden State revenues increased in November based on recently enacted tax increases, but analysts say a sustained fiscal rebound hinges on progress confronting the COVID-19 pandemic.

Thirty-five states reported general fund collections for fiscal 2020 from came in lower than original budget projections.

The budget included reduced capital improvement and GO issuance plans over the biennium.

Florida's triple-A ratings face an ongoing vulnerability because of the fiscal and economic impacts of COVID-19, its annual debt report warns.

Fitch Ratings upgraded bonds supporting the Maryland light-rail transit project after the sides reached an agreement that protects bondholders.

Gov. Gina Raimondo signed the $12.8 billion FY21 budget bill, which includes seven ballot questions on $400 million worth of projects.

"If you bankrupt the states, you bankrupt the country,” said NGA Chairman Andrew Cuomo, the governor of New York.

New Mexico aims to join its neighbors in legalizing recreational marijuana as it seeks to reduce dependence on oil and gas taxes.

Several factors have combined to position an innovative approach — the public-private partnership, or P3 model — as a crucial emerging tool for public entities nationwide.

The state will use a public-private partnership to replace the 68-year-old Interstate 10 bridge over the Calcasieu River between Westlake and Lake Charles.

The toll road operator parters with three international investors to sell half of its U.S. express lane assets in Northern Virginia while eyeing additional highway projects around nation's capital, including a Maryland P3.

Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.

The LBJ Infrastructure Group, operator of managed lanes on a Dallas highway, will sell $1.2 billion of bonds through a conduit issuer.

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Hawaii's governor announced that state employees would be furloughed two days a month; the state sold $750 million of GO bonds in October to fund operations.