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The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.
July 30
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The upgrade comes ahead of a $619 million bond sale.
July 25
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Illinois' 10-year GO paper is trading 10 to 15 basis point tighter than before its rating outlook went to stable from negative.
July 23
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S&P Global Ratings boosted Michigan's general obligation bonds to AA from AA-minus.
July 23
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School districts, higher education institutions and healthcare providers could feel the pinch, according to Eric Kim of Fitch Ratings.
July 23
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Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.
July 19
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The $41.9 billion spending plan for the only state without a signed budget is on Gov. Charlie Baker's desk.
July 19
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A Civil War-era revenue measure is the centerpiece of the arguments in the lawsuit filed by four northeastern states.
July 18
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California reported an $8.5 billion surplus in the budget passed last month.
July 17
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New Jersey's legal sports books reported $3.5 million in June revenue from $16 million in bets, according to a state report.
July 17
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Illinois netted $5.7 billion more in income tax revenue last year after raising rates.
July 16
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New Jersey Gov. Phil Murphy’s administration is targeting a plan that would save more than $100 million in annual public-worker benefits as the next focus of trying to steer state finances toward better health.
July 16
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Moody's Investors Service affirmed the state’s ratings and revised its outlook to stable from negative.
July 16
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A conference committee of Senate and House negotiators still must resolve differences over a $41 billion spending plan.
July 16
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The tax would fund the voter-approved Medicaid expansion that was supposed to take effect July 2.
July 6
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Texas maintained its torrid pace of sales tax collections in June with its sixth monthly record in 2018.
July 5
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New Jersey’s police officers and firefighters received control over their pension management decisions.
July 5
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State Sen. Scott Frantz examines Connecticut's budget and stringent bond provisions that he says give investors "a sense of empowerment." Paul Burton hosts.
July 3
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A New Jersey budget agreement forged just in time to avert a government shutdown buys New Jersey time to combat challenges such as rising pension liabilities and employee benefits.
July 2
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The report credits Gov. Jerry Brown's fiscal policies for budgeting conservatively and establishing reserves
July 2
