State budgets

New Jersey Gov. Phil Murphy wants his first budget proposal to begin a turnaround for the state’s mass transit system.

Rick Scott used his line-item veto power to cut $64 million from the $88.7 billion spending plan.

After years tight budgets that followed tax cuts and revenue shortfalls, Oklahoma teachers and government employees are threatening to walk off the job.

Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.

Export industries may suffer, and Increases in steel and aluminum prices would hinder infrastructure projects.

New Jersey Gov. Phil Murphy proposed a "millionaires tax" and a sales tax increase.

The fiscal 2019 budget would spend 4.24% more than the current budget.

California's Legislative Analyst's Office issued a report offering guidance to lawmakers on the state's reserve.

With lawmakers failing to address a $1 billion budget deficit, S&P said “uncertainty about fiscal 2019 now looms over Louisiana.”

After failing to approve new revenue in a special session, lawmakers now must pass a fiscal 2019 budget without enough revenue to fund state priorities.

As the New York City Council held its first hearing on Mayor de Blasio’s $88.67 billion preliminary budget, "Washington" and "Albany" loomed over the proceedings.

A Volcker Alliance study suggests that while California is reasonably prepared to withstand any future recession, it will still struggle in a downturn.

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.

Michigan's cumbersome process to enact local option taxes still offers cities a revenue option, a report says.

The Senate gave final approval to a ballot measure for a constitutional amendment to require a two-thirds vote of both chambers to raise taxes.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Changes to return assumptions ease short-term budget pressure while lowering funding for the state pension system.

Minnesota lawmakers return with a slight surplus in hand and a bonding bill and possible pension and tax reforms on their plate.

Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.