State budgets

A heavy focus on expenditure savings in Gov. Phil Murphy’s $38.6 billion budget proposal positions the state to withstand less revenue growth, according to the ratings agency.

All of the nation's top producing states can look for a smoother ride in 2019, S&P analysts say.

New Jersey Gov. Phil Murphy and a coalition of state lawmakers agreed to legalize recreational marijuana in a package that sets out tax rates.

Personal income tax receipts came in 56.6% under the February forecast made in the governor's recent budget proposal.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

House lawmakers weren't willing to go as far as Mike DeWine in raising gas taxes.

Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

With positive news out of California and New York, strong financials continue for munis.

Debate now begins in earnest on the governor's plan to change the state constitution to allow graduated income tax rates.

If the budget passes as proposed, some municipalities would default on bonds, said the president of the Alaska Municipal League.