Politics

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.

Michigan's cumbersome process to enact local option taxes still offers cities a revenue option, a report says.

The Senate gave final approval to a ballot measure for a constitutional amendment to require a two-thirds vote of both chambers to raise taxes.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Changes to return assumptions ease short-term budget pressure while lowering funding for the state pension system.

Minnesota lawmakers return with a slight surplus in hand and a bonding bill and possible pension and tax reforms on their plate.

Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Officials say the law's ban on advance refundings may cost the city $425 million in savings over four years and that changes in state law are needed to offset the damage from the limit on the state and local tax deduction.

Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.

Gov. Eric Greitens faces a felony charge that could lead to impeachment proceedings.

A plan that passed the state House would divvy up $175 million among state and local governments.

California lawmakers introduced bills to spend one-fourth of the $6.1 billion surplus on programs for homeless people.

Oklahoma lawmakers continue to cut spending for hard-pressed state agencies.

Illinois Gov. Bruce Rauner's budget proposal would push some state costs onto schools and universities

The venture hired infrastructure specialist Robert Keough.

Provisions in New York Gov. Andrew Cuomo’s $168.2 billion budget proposal would weaken checks and balances on spending, according to Tom DiNapoli.

Release of the spending plan marks the first salvo in the fiscal 2019 budget season.

Texas has demonstrated the resiliency and diversity to recover from a devastating hurricane and a collapse in oil prices, according to state Comptroller Glenn Hegar.