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The fiscal 2024 budget proposal leans on federal funds, better-than-expected tax collections, and a drawdown on reserves to bankroll a wide array of capital work and a boost to state employee salaries.
June 16 -
Easing drought conditions are not stopping states from restricting water use and investing in future supplies.
June 16 -
The Florida Department of Economic Opportunity said the state unemployment rate in May was steady at 2.6% for the fifth straight month, the lowest among the 10 largest states in the nation.
June 16 -
In a speech, the Federal Reserve Board governor said tighter monetary policy is not to blame for the volatility seen in the banking system this spring.
June 16 -
All 12 regional Federal Reserve banks released financial information from their presidents on Thursday, including new errors that Federal Reserve Bank of Atlanta President Rafael Bostic acknowledged. Such disclosures have taken on increased significance after a slew of scandals in recent years.
June 15 -
If approved by the local governing bodies, Milwaukee could raise nearly $180 million more annually from the new sales tax and the county $80 million from a hike, according to estimates.
June 15 -
States and local governments should prepare for fewer federal funds, higher borrowing costs and market volatility as a result of turmoil in Washington.
June 15 -
The controversial idea has taken on more urgency as transit agencies nationally struggle with low ridership.
June 15 -
CPS expects to close the current fiscal year with a clean slate on short-term borrowing for a second year in a row but it will still rely on TANs to manage liquidity throughout the next fiscal year.
June 14 -
Lawmakers will be called back into session after Gov. Greg Abbott vetoed a bill for having too many loopholes.
June 14