State budgets

Municipalities had less need for borrowing to bridge gaps in cash flow and therefore curtailed their issuance of notes

The document details a $1.2 billion structural imbalance in the state budget labeled as “balanced” by Democrats and Republicans alike,

California revenues came in $178 million below forecast.

Two new Atlantic City casinos and the debut of legalized sports betting boosted the gambling take.

With the state's stagnant economy as a backdrop, Democrat Ned Lamont will face Republican Bob Stefanowski.

The state's $920 million GO sale is its first since it adopted a new budget and Moody's raised its rating outlook.

Iowa, Kansas, Nebraska and North Dakota are vulnerable to a trade war, Moody's Investors Service says.

Lawsuits challenge four state constitutional amendment measures state lawmakers placed on November's ballot.

A strong rebound in oil and gas production and broad economic growth is fueling record growth in sales tax revenue, Comptroller Glenn Hegar said.

The dispute centers on whether money earmarked for land acquisition can be used for overhead such as salaries and benefits, and administrative costs.

The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.

The upgrade comes ahead of a $619 million bond sale.

Illinois' 10-year GO paper is trading 10 to 15 basis point tighter than before its rating outlook went to stable from negative.

S&P Global Ratings boosted Michigan's general obligation bonds to AA from AA-minus.

School districts, higher education institutions and healthcare providers could feel the pinch, according to Eric Kim of Fitch Ratings.

Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.

The $41.9 billion spending plan for the only state without a signed budget is on Gov. Charlie Baker's desk.

A Civil War-era revenue measure is the centerpiece of the arguments in the lawsuit filed by four northeastern states.

California reported an $8.5 billion surplus in the budget passed last month.

New Jersey's legal sports books reported $3.5 million in June revenue from $16 million in bets, according to a state report.