State budgets

State Treasurer Randy McDaniel said the state’s efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.

Illinois Gov. J.B. Pritzker's administration says the forecast shows that Illinois needs to change its income tax structure.

The taxing and regulating of a new product that's ingested into the lungs to deliver nicotine is dealt with under federal, state and local laws. William Cox explains Kroll Bond Rating Agency's thoughts about vaping and the associated revenues for governments. John Hallacy hosts.

A Senate committee has approved a bill requiring remote sellers to collect the state's 6% sales tax. It could generate $700 million in new revenue.

Andy Byford, president of the Metropolitan Transportation Authority's transit division, wrote a letter of resignation before rescinding it.

The state avoided a government shutdown, enacting a budget that came with over 100 line item vetoes by the Democratic governor.

Climate expert Alan Rubin of Blank Rome LLP discusses resiliency and recovery funding mechanisms, rating agency dynamics and how states and cities can cope effectively. Paul Burton hosts.

The state aid will be especially helpful for cash-strapped municipalities that are already charging customers high water rates, Moody's said.

Massive borrowing for essential projects in the face of a projected deficit spike is a dilemma as its $51.5 billion capital program undergoes scrutiny.

Spending and economic strains loom as challenges for the state government, S&P Global Ratings’ Carol Spain said in a recent presentation.

The Bourne and Sagamore bridges over the Cape Cod Canal are functionally obsolete, according to their owner, the Army Corps of Engineers.

The strength of the state’s credit profile, coupled with a supply-demand imbalance for tax-exempt bonds, has helped the state in the market, a new report says.

William Glasgall, Senior Vice President and Director of State and Local Initiatives at the Volcker Alliance, sits down with Chip Barnett and Lynne Funk to talk about why states should bolster their rainy day funds.

Charter schools' typically modest unrestricted reserves and limited operating margins leave them vulnerable if state aid stops flowing, said S&P Global Ratings.

A comprise $13B NH budget crafted this week that includes no tax increases.

The capital plan's unknowns include its effect on the New York Metropolitan Transportation Authority's debt levels and rating agency perceptions.

Michigan Gov. Gretchen Whitmer, a Democrat, called the budgets approved by GOP lawmakers on Tuesday "a mess."

More than 1,000 Rhode Island jobs are riding on a proposed 20-year, $1 billion gambling contract extension, the governor said.

Moody's Investors Service changed its outlook to positive on the state's Aa3 general obligation rating after Louisiana estimated a $500 million surplus.

Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.