State tax revenues

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.

The record May tax revenues are a product of a strong economy and 2017 revenue legislation, said Ken Miller, the state treasurer.

John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.

Controller Betty Yee released her cash report for May.

Gov. John Bel Edwards objected to a spending plan that would impose cuts of more than 24% on most state agencies.

Illinois Gov. Bruce Rauner and lawmakers acknowledged much work remains to be done to put the state on sounder fiscal footing.

Gov. Bruce Rauner said he will sign the budget state lawmakers approved Thursday.

Gov. Jerry Brown unveiled budget proposals that bolster reserves and favor one-time costs.

Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.

School districts and the Chicago Civic Federation slammed Gov. Bruce Rauner's budget plan Wednesday.