State budgets

The $20.8 billion second-year adjustment to the biennial plan cleared 48 minutes before Wednesday's midnight adjournment deadline.

School districts and the Chicago Civic Federation slammed Gov. Bruce Rauner's budget plan Wednesday.

The flat state income tax rate is embedded in the state constitution.

Missouri lawmakers could move to remove their governor or take other punitive action.

Conning is holding firm to its declining outlook on states' credit quality, though S&P sees some rays of sunshine.

Gov. John Hickenlooper signed a $28.9 billion state budget.

An expansion of “backdoor borrowing” in the new New York State budget raises transparency red flags, according to Comptroller Thomas DiNapoli.

New bill backlog management tools, spending caps, and revenue estimates are getting legislative attention as the budget remains up in the air

Gov. Kate Brown called a special legislative session to consider the proposal.

Amid teacher protests, Colorado lawmakers have two weeks to clear a backlog of bills that include a $5 billion transportation bond authorization and a pension funding measure.

The payment of interest penalties lags as Illinois works to repay its mountain of bills.

Officials want to cast the state's fiscal health in a more positive light even as offering documents lay out a starker assessment.

With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.

Pushing off painful decisions tanked Illinois' ratings while California reaped spread and rating benefits from better choices.

With more than 100 structures closed recently due to potential safety risks, Moody's said the state’s deteriorating infrastructure is credit negative.

The Legislature approved a $22 billion budget that includes line-item funding for the state’s broadband bonds.

The state's ratings are at risk, Fitch Ratings says, because the budget doesn't include debt service on bonds for the high-speed Internet project.

The controversial bailout for Hartford is sending fiscal shock waves through the legislature and contributed to $100 million for the XL Center being cut from the governor's proposed capital improvement budget.

Alaska's credit quality and the future of some existing and proposed bonding programs hang in the balance as lawmakers wind down the clock in Juneau.

New Jersey needs new tax increases to combat an “unsustainable” structural deficit, the state’s top fiscal officer told legislative leaders Tuesday.