State budgets

State Comptroller Susana Mendoza will renew a push for legislation to set automatic triggers for a $200 million annual deposit into the rainy day fund.

Indiana revenues are up $1 billion in the current fiscal year from December revenue projections that already had forecast a multi-billion dollar surplus.

As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)

Since New York legalized the sports gambling industry five months ago, residents of the state have made almost $6 trillion in bets.

Some observers of Puerto Rico politics are concerned its government continues to avoid fiscal responsibility, ignoring past mistakes that led to the bankruptcy.

The state's two-year capital budget includes incentives for Intel's $20 billion chip production plants and spending on local and state construction projects.

Rating agencies like Gov. Gavin Newsom's focus on one-time spending, but warn that the Legislature could upset the applecart by creating ongoing programs.

Signs of robust economic recovery in New Jersey added an additional $4.5 billion in revenue to the state's fiscal 2022 tax revenue estimates.

State officials warn that federal infrastructure funds may be lost if lawmakers don't act on new authorizations.

The December 2020 supplemental aid package provided $9.8 billion directly to state departments of transportation, the only direct stimulus that DOTs received.

John Boyd, principal at The Boyd Company, chats with Chip Barnett about how the COVID-19 pandemic and hybrid work has altered the way companies look at cities and states when they think about locations for their headquarters. (20 minutes)

Michigan's new revenue and economic forecast add billions onto existing surplus projections but officials also warn of looming economic headwinds.

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

Gov. Newsom doubled down on an $11.5 billion gas rebate plan opposed by fellow Democrats in his May budget revision.

A spending limit formula voters set in 1979, combined with surpluses in the tens of billions of dollars, put California lawmakers in a quandary.

New York’s $220 billion fiscal 2023 budget focuses on environmental and social issues while staying in balance with federal aid and projection-beating revenue.

Using a surplus to build reserve levels was key for the outlook change, the rating agency said.

After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.

Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.

The budget includes a $600 million commitment from the state to subsidize a new stadium for the National Football League’s Buffalo Bills.