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A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.
July 24 -
More will be clear once the state gets a full tally of receipts from the July 15 tax deadline, but a rocky road lies ahead in any case.
July 23 -
With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.
July 22 -
The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.
July 22 -
Texas faces a shortfall of $4.8 billion at the end of fiscal year 2021, Comptroller Glenn Hegar reported.
July 20 -
A $9.9 billion emergency bonding bill approved by the Democratic-controlled state legislature Thursday will likely face a legal battle.
July 16 -
S&P moved Michigan's outlook to negative this week. Fitch recently affirmed the state's stable outlook.
July 15 -
Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.
July 14 -
Gov. Phil Murphy reached a deal with Democratic state legislative leaders to pass nearly $10 billion of borrowing to deal with COVID-19 pandemic revenue shortfalls. The deal faces a legal showdown with Republican leaders.
July 14 -
A scaled down 2021 fiscal year spending plan signed by Florida Gov. Ron DeSantis will likely need further cuts to withstand potential revenue losses resulting from the ongoing COVID-19 pandemic, according to analysts.
July 8