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The median net pension liability in the nation’s 15 largest cities jumped 16% on a per capita basis in fiscal 2017, S&P Global Ratings said Wednesday.
September 6 -
NASBO Executive Director John Hicks said that deposits made to rainy days funds from budget surpluses will likely bring the total to more than $58 billion for fiscal 2018.
August 29 -
Brevard County will subsidize Bezos' Blue Origin with $8 million, though a recent court ruling says it can't issue bonds to raise the funds.
August 29 -
Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.
August 27 -
The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.
August 23 -
Philip Howard, founder of the group Common Good, advocates measures to simplify government and end paralysis. Paul Burton hosts.
August 23 -
A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”
August 22 -
Multiple constitutional claims, including racial gerrymandering, are cited in lawsuits filed by the city of Stockbridge and Capital One Public Funding.
August 21 -
An estimated $69.1 billion of the $139 billion is already committed through a combination of insurance claims and federal disaster aid.
August 17 -
The cut has dropped from 6.6% in fiscal 2018 and 6.9% in fiscal 2017. The initial sequestration cut in fiscal 2013 was 8.7%.
August 17