State tax revenues

As business and leisure travelers stay at home rather than risk infection, events small and large are cancelled, and business slows so sharply it shows that the longest U.S. economic expansion since the 1850s may finally hit the wall.

The stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.

Gov. John Bel Edwards kicked off Louisiana's legislative session by asking lawmakers to share accurate details about the coronavirus with constituents.

In budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.

The state's lookback at gambling revenues since 2012 comes as a large-scale expansion looms.

If the new projections bear out Wisconsin would bolster cash and reserve balances while trimming a longstanding GAAP deficit

The governor has recommended a $54.15 billion budget amid flat state revenue collections in the current fiscal year.

For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.

Oklahoma saw its economy steadily slowing through 2019, according to Treasurer Randy McDaniel.

Deborah Goldberg succeeds Utah State Treasurer David Damschen as president of the National Association of State Treasurers.

A new survey by the National Association of State Budget Officers reports these reserves had a median balance of 7.6% of a state’s general fund in fiscal 2019, compared with 4.7% in fiscal 2007 before the onset of Great Recession in December of that year.

Gov. Tim Walz wants to use some of the extra funds for a bonding bill to fund infrastructure investments in the state.

In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.

California lawmakers warned by LAO against spending a large anticipated surplus.

Sound Transit says it can continue to collect taxes approved by its own voters in 2016 until bonds it backs are repaid.

Total state spending increased 5.7% in fiscal 2019 supplied by a 4.7% increase in federal funding that was augmented by a 5.9% increase the use of state funds.

A Senate committee has approved a bill requiring remote sellers to collect the state's 6% sales tax. It could generate $700 million in new revenue.

Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.

The state will encounter budget gaps in the following two years, according to a new long-range revenue forecast.

As health risks associated with e-cigarettes have gained attention, some states are trying to deter minors from the product through taxation.