Tax

Unless the state government makes changes to revenue or expenditures Florida faces a combined deficit of $8.1 billion in fiscal years 2027-28 and 2028-29.

The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."

Ohio politicians are racing to deliver relief as a citizens group gathers signatures for a November 2026 ballot initiative to end property taxes in the state.

A TIF fund established by the Alexandria Industrial Development Authority supporting a troubled hotel renovation project in downtown Alexandria, Virginia, is reported to be in default.

Turmoil and turnover at the Internal Revenue Service is causing headaches for bond attorneys attempting to comply with audits or searching for answers about complex public finance issues.

Changes in how Low-Income Housing Tax Credits are awarded has bond attorneys searching for answers in government offices that have been hollowed out through layoffs and retirements.

Maryland's comptroller reports the state is projecting a $189 million drop in general fund revenue due to the unfolding effects of the One Big Beautiful Bill Act, which could result in the state decoupling from federal tax laws.

The mega-mall's investors will receive their second payment since the reserve fund ran dry in 2022.

Several major cities are staring down budget deficits and credit downgrades as the effects of inflation and OBBBA trickles down while relationships with their states adds complexity.

Differences between the Senate and House versions of the bill, which targeted cities and counties, could not be resolved.

Special budget sessions, falling tax revenues and provisions in the One Big Beautiful Bill Act are combining with tariffs and cuts to the federal workforce to create headaches for the states.

Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.

Big changes made by the House to a high-priority bill targeting cities and counties were rejected by the Senate, sending the measure to a conference committee.

The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."

Virginia Gov. Glenn Youngkin is touting a $4.7 billion reserve fund as he prepares to leave office and possibly seek a presidential run while an academic study predicts headwinds for the state's economy.

The State Bond Commission approved 21 municipal entities' elections on tax increases for infrastructure projects, with the increases possibly supporting bonds.

A lawsuit seeks to force the Texas city to reword its Nov. 4 property tax rate hike proposition to correct "misleading" language.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

Changes to the federal tax code affect how states manage their budgets depending on how or if the state tax codes conform to the new rules.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.