Politics

The city isn't risking its money, only that Elon Musk won't deliver on his promises for an airport transit line.

Gov. Jerry Brown convinced lawmakers to set aside $15.9 billion in total reserves.

Gov. Bill Walker says the plan will help reduce the state deficit.

A political dispute among Democrats threatens the state's ability to enact an on-time budget.

The city has finalizeda consulting contract with an advisory team for a possible airport lease.

A ballot measure to split California into three states qualified for the state's November ballot.

Chicago Mayor Rahm Emanuel's administration and The Boring Company will begin contract negotiations on a high-speed tunnel system.

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.

Democrat Zach Conine, a Las Vegas businessman, will face Republican Bob Beers in the open-seat state treasurer’s race.

The spending plan heads to Gov. Rick Snyder for his expected signature.

A nonprofit overseen by the Seattle-based Public Facilities Group will sell the bonds.

The record May tax revenues are a product of a strong economy and 2017 revenue legislation, said Ken Miller, the state treasurer.

The three agencies that rate Illinois are watching to see how well assumptions in the budget play out during the fiscal year.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

Gov. Phil Scott and the state legislature remain at odds over a new spending plan as the a July 1 budget deadline approaches.

John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.

Controller Betty Yee released her cash report for May.

S&P Global Ratings revised Alaska's outlook to stable from negative.

Tax increases proposed by New Jersey Gov. Phil Murphy would prompt companies and residents to exit the state, a business advocacy group wrote.

The state has $500 million of extra revenue to divvy up.