State budgets

A year after the pandemic struck the nation's economy, Texas sales tax collections hit an all-time record for April.

Income tax payments and improving revenue collections have helped bring the state's bill backlog down to $3.5 billion.

The pact may generate up to $2.5 billion in revenue for the state in the next five years and $6 billion through 2030.

Indiana's newly adopted budget, with rosier revenue projections and a looming infusion of federal relief funds, will also boost infrastructure spending.

New Mexico joins neighboring states Arizona and Colorado in legalizing marijuana sales with an eye toward higher state revenue.

A year after its S&P outlook turned negative, Oklahoma is back to a stable position on strong financial management during COVID.

New Jersey lines up $400M sale with outlook boost

Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.

While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.

Buoyed by a ratings upgrade from Moody's, the state still faces challenges including high debt and legacy costs.

Business leaders and budget watchdogs ask whether the $212 billion spending plan would set up the state and its anchor city for a fall.

It was the second month in the last 12 to show a year-over-year increase.

Top lawmakers bought time amid pressure from unions and progressive legislators.

Lawmakers packaged revenue, social justice and market positioning while flexing political muscle when they voted to legalize marijuana.

MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.

The governor pointed out the advantages of the current low interest-rate market environment and the state’s low debt levels.

Lawmakers approved a Golden State Stimulus that provides relief to businesses and $600 checks to low-income residents on the strength of an earlier-reported surplus.

The legislature's GOP-controlled Joint Finance Committee will craft a two-year capital plan after rejecting Gov. Tony Evers' $2.4 billion plan for only the second time in recent history.

An agreement between Gov. Ned Lamont and Connecticut tribal nations opens the door for the state to compete with its Northeast neighbors.

Nineteen states recognized delayed payments due to last year's IRS delay in the tax deadline to July 15.