Appeal to Trump on SALT Cap Appears to Get Cool Reception
New York Gov. Andrew Cuomo says "there is no more vital long-term issue" for his state's finances than a limit on the state and local tax costs taxpayers can write off on their federal returns.
State Tax Revenue Makes Biggest Gains in Seven Years
Revenue collections were boosted by favorable economic conditions, robust stock market returns in 2017 and the first half of 2018, and state policy actions.
States See a Slip in Tax Collections That's Not Totally Unexpected
The federal tax overhaul and stock market volatility help to explain some recent income tax revenue trends.
Vermont Governor’s Plan to Pay Out-of-Staters to Take a Job in His State
STATE AND LOCAL ROUNDUP | Pennsylvania lt. gov.’s marijuana listening tour … Florida secretary of state resigns … and the cause of the 2017 Tubbs Fire is ID’d.
A State Pension Proposal That Promises Near-Term Savings, But Higher Future Costs
Kansas Gov. Laura Kelly included the “reamortization” plan in her first budget. It’s proving to be controversial.
White House Snubs Disaster Relief Funds Proposed in House Bill
The $14 billion package lawmakers passed this week appears to be going nowhere fast—at least for now.
The States That Give and Get the Most Federal Dollars
A new analysis identifies states that have sent more money to Washington than they saw in returned federal spending.
City Leader Wants Residents to Try Balancing the Parks and Rec Budget
STATE AND LOCAL ROUNDUP | Federal shutdown delays hurricane recovery funds … another Flint water crisis plea deal …. and confusion comes with Conn. town’s pay-per-bag trash collection proposal.
New Governor Has 1st State Budget Due This Week
STATE AND LOCAL ROUNDUP | Minn. is falling behind on goals to reduce emissions … Airbnb sees big growth in rural areas … and a lawsuit could drain Pa. transit funding.
Retiree Health Care Liabilities Keep Stacking Up For States
Newly issued data show the financial challenge posed by "other post-employment benefits."
Tax Cuts, Whale Funding and Pay Bonuses Among the Priorities in Governors' Proposed Budgets
Across the U.S. governors are rolling out their spending plans for the upcoming fiscal cycle.
Pennsylvania Pension Commission Flags Upwards of $1 Billion in Investment Costs for One Year
The sum earned by investment managers from one pension fund exceeded employee contributions for the same period.
The Promise and Peril of Borrowing Money to Manage Pension Costs
Chicago Mayor Rahm Emanuel last week proposed issuing bonds to improve the city’s pension funding levels. Is that a good idea?
‘Progressive’ Tax on Inherited Wealth Could Net 33 States as Much as $6.1B
New York currently makes the most off its estate tax, but California has the most to gain, a liberal policy group argues.
Federal Watchdog Offers Gloomy Outlook for State and Local Budgets
U.S. Government Accountability Office estimates show mounting fiscal pressures over the next 50 years.
Major Takeaways From the Volcker Alliance’s New Grades for State Fiscal Health
COMMENTARY | New Jersey’s former budget director and state comptroller highlights some of the good, bad and the ugly budget practices.
Detroit’s Long-Term Budget Stability Finds Firmer Fiscal Footing
“Eliminating this debt cliff removes another major roadblock for Detroit’s long-term recovery,” according to Mayor Mike Duggan.
Minnesota’s ‘Remarkable Recovery From the Shambles’
STATE AND LOCAL ROUNDUP | Mayoral memo on e-scooter geofencing … active-shooter kits for police … and improving Boston-area commuter rail.
Marijuana Gets Attention as Possible Subway Funding Source
New York City's mass transit system has been facing financial stress and service problems. Could legalizing pot help?
Mayor Discusses Local Impacts of GM’s Newly Announced Plant Closures
“This isn’t just a GM issue. People aren’t buying cars” like they once did, according to Lordstown, Ohio Mayor Arno Hill. “We’ve prepared for this.”
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