State budgets

Jared Polis' $42.7 billion all-funds spending plan for the fiscal year that begins July 1 includes a $16.7 billion general fund with a $2.174 billion reserve.

American Rescue Plan Act dollars amounted to around 22% of states' annual general fund budgets, according to a court filing from a trio of southern states fighting ARPA's restriction on tax cuts.

States and locals need to move fast to capitalize on the value of upfront funding provided in the infrastructure law, Biden administration officials said.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

California Gov. Gavin Newsom signed a package of housing legislation headlined by bills removing regulatory barriers to new-home construction.

There are only four statewide bond measures appearing on ballots across the country, the lowest since 2010.

California revenues are $2 billion below its 2023-23 Budget Act forecast for the first two months of the fiscal year 2023.

Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.

Despite a boost in state funding, Arizona school districts face big budget cuts unless the Republican-controlled legislature lifts a cap on their spending.

The once-barren budget stabilization fund now tops $1 billion but it's meager compared to the cushion built up by other states.