State tax revenues

With Texas reporting a double-digit revenue increase in fiscal 2022 and projecting a record budget surplus, Gov. Greg Abbott wants a large property tax cut.

Economists presented a good news-bad news scenario during their September forecast that included the possibility of a recession, which would kill the kicker rebate.

Dallas would issue about $1.8 billion of revenue bonds starting next year for the convention center project.

Many local governments are taking this opportunity to partner with neighbors to help strengthen and build more ambitious projects across regions.

Public sector employment remains low despite the influx of federal aid, and governments dangling high wages and benefits could face long-term credit challenges, panelists said at Brookings Municipal Finance Conference.

The lack of a TRANs deal will put off a test of how competitive bidding for the debt may be impacted by the state’s pro-firearm and fossil fuel policies that have sidelined a few big underwriting firms.

High energy prices and low unemployment have aided Oklahoma’s economy.

The proposed gas tax holiday would hold the Highway Trust Fund harmless with a $10 billion subsidy.

The Senate Finance Committee on Tuesday brought small business leaders together to discuss the pitfalls of complying with dozens if not hundreds of local tax regimes.

While the path back to pre-pandemic office life remains uncertain, a protracted remote work reality may be a harbinger for future credit rating downgrades of cities heavily dependent on commuter-driven revenues.