State budgets

Illinois' tardy fiscal 2020 financial statements offer a view of COVID-19's early impact on the state's finances.

State lawmakers will have funds to work with as they has out details of the budget they enacted earlier this summer.

The drenching of several regions exposed vulnerabilities that vary by state, and recurring problems that could jeopardize municipal credit.

Production companies making films, TV series and commercials may offer North Carolina $409 million of revenue this year.

In his annual revenue speech, Virginia Gov. Ralph Northam highlighted the state’s record reserves, budget surplus and optimistic economic outlook.

States can borrow from the federal government when needed to provide unemployment benefits, but it can create an unwieldy overhang.

Automatic deposits would flow to the near empty rainy day and pension stabilization funds if the state government's unpaid bill backlog stays under $3 billion.

Kentucky Gov. Andy Beshear talks with Chip Barnett about economic progress the Commonwealth has made this year and how the state-local government partnership strengthened during the pandemic. He describes the heartbreaking human cost of the virus, the deadly toll it took on residents and why the Delta variant is a continuing cause of concern. (14 minutes)

Economic growth after the pandemic and maintaining structural balance and reserves will influence whether Fitch ultimately lifts the state to AAA from AA-plus.

Wisconsin's two-year budget was enacted despite the division between Democratic Gov. Tony Evers and Republicans who control the legislature.