State budgets

Coming back from COVID, states in the Southeast are seeing their revenue streams perk up as economic activity resumes across the region.

Illinois closed the books June 30 on a "record-breaking" year for general fund revenues.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.

High energy prices and low unemployment have aided Oklahoma’s economy.

Illinois headed into the new fiscal year with healthier metrics on multiple fronts but its last audit illustrates the long-term drag posed by the state's retirement burden.

Gov. Phil Murphy signed off on the $50.6 billion spending package on Thursday, amid growing concerns of economic slowdown.

The taxpayer refunds captured the most attention, but the final budget also includes a multi-year $47 billion infrastructure package.

Most large states are using pandemic aid for revenue replacement and this will be an issue in the future, an academic says.

The state made "unprecedented additions" to its reserves, protecting its triple-A bond rating, said state Sen. Janet Howell, Finance and Appropriations Committee Chair.

More budget haggling is anticipated before Gov. Gavin Newsom signs the budget. The state's fiscal year begins on July 1.

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.