State budgets

Treasury’s final rule on the State and Local Coronavirus Fiscal Recovery Fund allows counties to use up to $10 million for general public services and expands the list of eligible water, sewer, and broadband infrastructure projects.

The Treasury has issued final ruling for the State and Local Fiscal Recovery Funds program, leaving the ban on the use of stimulus funds to offset tax cuts and furthering the battle of its constitutionality.

Gov. Kathy Hochul's “New Era for New York" initiative includes a $10 billion healthcare proposal, a $1 billion plan to help small businesses, middle-class tax relief, ethics reforms and limiting statewide elected officials to two terms.

Several pension-related matters that impact Chicago, Cook County and suburban and downstate public safety pension funds face an uncertain fate.

A whopping 27% increase in revenues in the second half of fiscal year 2021 sets the state up to replenish its reserves and restore positions cut during the pandemic.

If Nevada surpasses $500 million in gaming revenues in December, it will become the greatest single-year total.

Despite its snowy reputation, the region sees itself as a climate refuge due to cooler temperatures, reliable infrastructure and Lake Erie freshwater.

The nation's second most populous state plans to expand debt issuance despite the continuing pandemic.

Wisconsin closed fiscal 2021 with a record $1.18 billion positive balance based on the GAAP yardstick that had long showed the state in the red.

Over the next 10 years, the Division of Bond Finance forecasts about $1.8 billion of net tax-supported debt will be issued, mostly for transportation projects.

Pushing the massive bill into 2022 reduces its overall chances of passage but increases the chances of reviving muni-related provisions.

Pandemic or not, major projects must continue, say New York Gov. Kathy Hochul and the Port Authority.

Existing partisan divides and political pressures may influence how the infrastructure act's grants are allocated, one Congressman said.

The state says it would rid itself of a $500 million deferred maintenance tab by selling and then buying back a 30% stake in the Thompson Center.

Gov. Ron DeSantis’ proposed fiscal 2022-2023 budget is down 1.8% from the previous adopted budget amid generous federal coronavirus relief funding.

A group of leading automakers want the feds to require states to invest in the fastest EV chargers available.

Gov. Ned Lamont appointed the Bloomfield woman, a former general counsel in that office.

The National Association of Counties, which has been a chief supporter of the measure, said it would renew its push in the new year.

Rosier revenue projections will allow Minnesota to pump up its rainy day fund to pre-pandemic levels while still leaving a $7.7 billion surplus.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.