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Most large states are using pandemic aid for revenue replacement and this will be an issue in the future, an academic says.
June 24 -
The state made "unprecedented additions" to its reserves, protecting its triple-A bond rating, said state Sen. Janet Howell, Finance and Appropriations Committee Chair.
June 23 -
More budget haggling is anticipated before Gov. Gavin Newsom signs the budget. The state's fiscal year begins on July 1.
June 14 -
State Comptroller Susana Mendoza will renew a push for legislation to set automatic triggers for a $200 million annual deposit into the rainy day fund.
June 10 -
Indiana revenues are up $1 billion in the current fiscal year from December revenue projections that already had forecast a multi-billion dollar surplus.
June 9 -
As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)
June 7 -
Since New York legalized the sports gambling industry five months ago, residents of the state have made almost $6 trillion in bets.
June 6 -
Some observers of Puerto Rico politics are concerned its government continues to avoid fiscal responsibility, ignoring past mistakes that led to the bankruptcy.
June 3 -
The state's two-year capital budget includes incentives for Intel's $20 billion chip production plants and spending on local and state construction projects.
June 2 -
Rating agencies like Gov. Gavin Newsom's focus on one-time spending, but warn that the Legislature could upset the applecart by creating ongoing programs.
June 2