State budgets

The Senate hearing comes as lawmakers start to shape the next surface transportation bill.

Illinois' Annual Comprehensive Financial Report for fiscal year 2023 recently passed the 600-day mark and is threatening to break California's lateness record.

Washington's threats to state and local government funding took center stage when Illinois Gov. JB Pritzker delivered his seventh budget.

Some analysts believe that the muni market will ultimately be insulated from any changes in tax status because of the benefit it already provides.

The state will have less money to spend in the upcoming fiscal year, according to projections certified in a process criticized by Oklahoma's attorney general.

DeSantis' proposed all government activities budget is 2.5% lower than the current year's budget.

Blake G. Washington discussed Medicare, the MTA and more at a luncheon with the Citizens Budget Commission. 

Lawsuits are mounting against the Trump administration's aggressive actions to cut federal spending.

Gov. Kathy Hochul's $252 billion state budget proposal calls for lower-bracket income tax cuts and one-time cash payouts for everyone.

State and local governments are on strong financial footing and are investing in Treasury securities as chaotic federal moves shake out.

Legislation to create an education savings account program that would cost an initial $1 billion and serve nearly 100,000 students advanced out of a committee.

Bond proposals are included in recent budget proposals from the Minnesota and North Dakota governors, as the region's 2026 spending plans begin to take shape.

A group of Democratic states as well as a national association representing not-for-profit organizations said they would sue to block the move.

The president suggested federal aid could be sent directly to states instead of through FEMA.

Gov. Joe Lombardo replaced his budget chief as the legislature's Democratic leaders criticized the Republican for submitting an out-of-balance budget.

The Maryland Department of Transportation moves to shore up its debt service while funding bridge repairs, airport modernization, and rail improvements with a $21.2 billion budget commitment.

The state House and Senate announced their spending plans for the upcoming biennium, including funding to continue and increase 2023's state-funded tax cut.

While Texas is forecasting a big budget balance, fiscal boom times are ebbing for it and other Southwest states amid tax cuts and depleted federal funding.

While the new tax policies should address the state's projected deficit, rating agencies are cautious about the projected revenues and federal spending on Medicaid, which could impact Louisiana.

Because of the disaster, income tax filing deadlines for Los Angeles County residents will be delayed to October, muddying the revenue picture for the state.