Tax

Bills to limit the revenue flexibility of local governments and put more state funding toward schools were driven by a desire to limit property taxes.

The General Assembly is sending a Constitutional amendment to voters for the measure that would raise $3 billion annually.

Gov. Ned Lamont and Connecticut lawmakers are studying a proposal to essentially exchange much of the state’s income tax for a payroll tax.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.

The measure, backed by Gov. J.B. Pritzker, cleared the House Revenue and Finance Committee on a party-line vote.

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.

Long-term leases with container shipping tenants protect ports in the short to medium term should trade decline.

Stephen Benjamin, mayor of Columbia, South Carolina, said P3s already work in metropolitan areas and dialogue needs to be opened with smaller cities looking at P3s.

Nebraska's largest school district has more than $770 million of unfunded pension liabilities after some pension fund investments turned sour.