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Comptroller Kevin Lembo forecast a $620 million fiscal 2020 deficit in his monthly update to Gov. Ned Lamont.
June 3 -
Moody's action on Aa1-rated Nevada follows a Fitch Ratings outlook cut to negative three weeks ago as the coronavirus hammers a tourism based state economy.
June 2 -
The monthly drop collectively topped $60 billion.
June 2 -
Sales tax collections fell 13.2% compared to the same month last year, the steepest decline since January 2010
June 2 -
Treasurer John Schroder, a Republican, has battled with Louisiana's Democratic governor over the funds for the past two years. He has said he will appeal.
June 1 -
Maine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.
June 1 -
Gov. Phil Murphy’s $5 billion emergency bond plan to patch revenue gaps caused by the COVID-19 pandemic faces an uncertain future in the state legislature.
May 29 -
Gov. Tom Wolf is expected to sign five-month, $26 billion spending plan, intended to buy time to measure the hit from the effects of COVID-19.
May 29 -
Most of the state revenue loss came from $599 million in lower-than-estimated state sales tax collections, which support 79% of Florida’s budget.
May 27 -
Colorado will continue its highway building with $500 million of certificates of participation, as it weathers its deepest downturn in years.
May 26