State budgets

The steep drop in revenue does not yet reflect the collapse in oil prices, Oklahoma Treasurer Randy McDaniel said.

The state government, which was looking at multibillion-dollar surpluses before the coronavirus struck, is now facing a $54.3 billion of red ink.

The two state administrations laid out initial estimates of revenue losses due to the pandemic as the federal government debates additional relief.

The lowest-rated state government moved a $1.2 billion GO certificate deal to the day-to-day calendar in the face of a skeptical buyside.

The state will cut its budget no more than 4% amid a revenue crisis, legislative leaders announced.

Financial damage from the COVID-19 pandemic forced New Jersey Gov. Phil Murphy to retreat from plans to build up the state’s reserves.

Howard Cure, director of municipal bond research at Evercore Wealth Management, analyzes New York State’s $177 billion 2021 fiscal year budget and the impact of major fiscal uncertainties stemming from the COVID-19 pandemic. Andrew Coen hosts.

S&P Global Ratings said balancing the state budget "will be met against a growing cloud of uncertainty” between the recession and COVID-19.

Texas suffered its worst sales tax plunge in 10 years as the pandemic began to grip the state's economy.

Speaker Nancy Pelosi said there could be three tranches of federal aid directed to state, county and municipal governments

Better technology can help enhance efficiency, analysts and civic leaders say.

According to the survey that Tom Kozlik prepared, more than 90% of 211 analysts and specialists found coronavirus the most compelling issue facing the public finance industry. Public pensions ranked second.

Illinois tentatively plans to sell $1.2 billion of certificates next week and $1 billion of bonds the following week.

William Glasgall of the Volcker Alliance explores deficits, budget cuts, rainy-day funds and borrowing options amid the COVID-19 pandemic. Paul Burton hosts.

Where and how residents buy their alcohol in the commonwealth's control state system has resurfaced as a budgetary, policy and public-health dynamic.

The Center on Budget and Policy Priorities said bankruptcy "could significantly raise states' cost of issuing bonds to pay for major transportation projects and other investments that boost the economy."

The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.

In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.

State Comptroller Thomas DiNapoli warns of multi-year budget hits from virus with more federal aid needed to fill the gaps.

Financial strains from COVID-19 were the primary factor in downgrading the state to A-minus from A. The outlook was revised to negative from stable.