State budgets

Petitioner John Tillman Wednesday appealed the August circuit court ruling barring his taxpayer complaint challenging repayment of the bonds.

In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.

General Treasurer Seth Magaziner touts his campaign for Rhode Islanders to buy state bonds ahead of a planned $153 million sale, plus other initiatives from his office. Paul Burton hosts.

California lawmakers warned by LAO against spending a large anticipated surplus.

The Bay State's transportation and congestion crisis puts its economic viability in jeopardy, officials say.

The Division of the Budget said escalating Medicaid costs are the main reason for the projected shortfall.

Total state spending increased 5.7% in fiscal 2019 supplied by a 4.7% increase in federal funding that was augmented by a 5.9% increase the use of state funds.

In a working paper paper released by the Volcker Alliance on Wednesday, researchers said states need to do a better job of disclosing their infrastructure needs.

Gov. Ron DeSantis’ recommended a $91.4 billion budget for fiscal 2021 that includes borrowing for more than just transportation needs.

Tom Kozlik of Hilltop Securities explores how pension underfunding woes continue to weigh on public finance. Paul Burton hosts.

The question of how to pay for the governor's $21 billion, 10-year transportation bill points to the political third rail of highway tolls.

Montreal businessman Anthony McCord will arrive next month as New York Metropolitan Transportation Authority's chief transformation officer to address the authority's myriad operational and capital funding challenges.

NDH founder Scott Haber told Louisiana officials that state tax credits can provide seed funding for public-private partnership projects.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

Reduced activity in the oil patch is showing up in Oklahoma's revenue growth, Treasurer Randy McDaniel said.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

Kenneth Potts, senior vice president and portfolio manager at Fiera Capital, checks in on the state of the municipal bond market. He talks about the effect of the SALT deduction on high-tax states and supply and demand factors in this podcast recorded in September. Chip Barnett hosts.

Proposition CC, which would have allowed the state to retain revenues above a 27-year-old formula, was defeated.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

The unfunded liabilities rose to $137 billion in fiscal 2019 from $134 billion, and the state will have to contribute $600 million more in fiscal 2021.