State tax revenues

California tax revenues missed projections by $412.2 million, marking the first time in months that the state has fallen short.

Sales tax growth in Texas grew 7.3% year-over-year to an October record of $2.6 billion, the state's comptroller said.

States have reversed deterioration found last May.

California revenues were $1.03 billion ahead of estimates in the first quarter of the fiscal year, according to the state's Department of Finance.

The state pulled in $28.7 billion in the first quarter of fiscal 2019, according to the State Controller's Office.

Voter initiatives can limit the state of California’s operating flexibility, Fitch Ratings analysts wrote.

Profits for New York City’s securities industry have climbed to the highest level since the end of the recession sparked largely by the 2008 global financial crisis, a state report said.

S&P boosted the outlook on New Mexico's AA rating to stable from negative.

The state recorded $31.94 billion of sales tax revenue, according to state Comptroller Glenn Hegar.

NASBO Executive Director John Hicks said that deposits made to rainy days funds from budget surpluses will likely bring the total to more than $58 billion for fiscal 2018.