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Gov. Tim Walz wants to use some of the extra funds for a bonding bill to fund infrastructure investments in the state.
December 6 -
In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.
December 4 -
California lawmakers warned by LAO against spending a large anticipated surplus.
November 27 -
Sound Transit says it can continue to collect taxes approved by its own voters in 2016 until bonds it backs are repaid.
November 22 -
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.
November 21 -
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.
October 23 -
Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.
September 19 -
The state will encounter budget gaps in the following two years, according to a new long-range revenue forecast.
September 13 -
As health risks associated with e-cigarettes have gained attention, some states are trying to deter minors from the product through taxation.
August 26 -
Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, a report said.
August 14 -
Thousands of voters want the constitutional amendment on the 2020 ballot while utilities and groups ask the Florida Supreme Court to strike it down.
August 14 -
Rainy day funds are vital to help states maintain fiscal flexibility and limit painful spending cuts or tax increases.
August 12
The Volcker Alliance -
The state auditor raised questions about how the state controller reported California's OPEB liability in the report, which took 11 months to release.
August 1 -
Fitch Ratings has developed two indices tracking LGIPs.
July 18 -
The number of states levying special annual registration fees on electric vehicles has risen by seven this year to 27 as governments seek new ways to fund transportation.
July 5 -
States collected more than $45.2 billion in motor fuel taxes in 2017, compared with $36.8 billion 10 years earlier, according to the Federal Highway Administration.
July 2 -
A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.
June 17 -
The 10 most populous U.S. states that levy income taxes all saw April revenue spikes, in many cases after missing projections in the previous months.
May 21 -
For the fiscal year, the state's total revenue collections are ahead 6.2% over the same period last year.
May 16 -
California's April revenues came in $4 billion higher than anticipated.
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