Sales tax

While the new tax policies should address the state's projected deficit, rating agencies are cautious about the projected revenues and federal spending on Medicaid, which could impact Louisiana.

The state comptroller forecasts a $23.8 billion budget balance at the start of fiscal 2026-27, down from a record $39.4 billion for fiscal 2024-25.

Wish lists for new or improved professional sports venues are piling up with Oklahoma City poised to vet financing proposals for a downtown basketball arena.

Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.

The Central Ohio Transit Authority's half-cent sales tax increase will back up to $500 million of revenue bonds.

Tourism Development Tax, sales tax, and Professional Sports Facilities tax and revenue refunding bonds were upgraded, impacting $628 million of debt.

Moody's also upgraded other Florida locality bonds recently as a result of a revised cities and counties rating methodology.

Research shows that financing sport facilities with public debt often doesn't pay off, the Tax Foundation says.

The city council unanimously passed a deal that could lead to the issuance of up to $900 million of bonds and a sales tax hike to pay off the debt.

The commission also made changes to planned Louisiana State gas and fuel tax bonds of up to $1 billion