When a Local Government is ‘Unwilling’ to Cover Debt Costs

Lawmakers in Platte County, Missouri are hesitant to assist in picking up the tab for bonds related to a retail project.

State Revenue Volatility and Optimal Reserve Size Are Directly Linked

Comparison of states provides insight into their ability to weather an economic downturn

Flint Congressman Not Giving Up on Push to Assist Struggling Cities

Rep. Dan Kildee, of Michigan, believes his efforts could gain new traction in a Democratic controlled House.

A Bipartisan Legislative Initiative to Address a Bleak State Budget Situation

COMMENTARY | Any fiscal expert looking at New Jersey’s budget situation would quickly come to the conclusion that the underfunded pension system is the place to start, the state’s former comptroller and budget director says.

When the Honors System Short-Changes State Parks

An audit found that one-third of park visitors in this state didn’t pay an entrance fee.

Investing in Your Employees' Best Ideas

COMMENTARY | "Baltimore put money down on its own creativity and has raked in results. Other cities should make the same bet," writes former Baltimore budget director Andrew Kleine, previewing his new book.

A Growing Gap Between Healthier and Worse Off Pension Plans

New research offers a dim assessment of some of the most poorly funded state and local public retirement systems.

Marijuana Retail Sales See Biggest Month to Date in Colorado

But experts caution pot tax revenue doesn’t necessarily solve state budget problems.

Study Shows Why State Pension Plans May Want to Avoid External Asset Management

STATE AND LOCAL ROUNDUP | Rare polio-like disease spreads to 22 states … Tornado Alley’s eastward shift … and disaster unemployment insurance in Florida.

States Helping Disabled Students Move to Work Despite Unclear Federal Funding, Report Says

There's widespread confusion over which programs are reimbursable, according to the federal Government Accountability Office.

New Congressional Deal Could Unlock More Money for Mitigation Projects Before Disasters Strike

The legislation gets mixed reviews, as funding provisions in it are weaker than they were in an earlier draft.

Deficit Laden Federal Finances Stir Uncertainty for Future State Aid

Low Federal Reserve interest rates are a concern as well when it comes to how the nation will respond to the next recession.

State Lawmakers to Congress: Butt Out of Online Sales Taxes

The National Conference of State Legislatures is asking leaders on Capitol Hill to refrain from legislating around the recent South Dakota v. Wayfair, Inc. Supreme Court decision.

Lawmaker Wants to Get ‘Fake Revenue’ Out of His State’s Budgeting Process

Pennsylvania state Rep. Seth Grove is pushing for consensus budget forecasting.

An Important Pension Lesson: Why You Shouldn’t Use ‘Discount Rate’ and ‘Investment Rate’ Interchangeably

COMMENTARY | New Jersey’s former state comptroller and budget director discusses why pension rules for the discount rate are confusing, not comparable and troubling.

City Revenue Growth Is Slowing Down

That's according to the latest National League of Cities fiscal conditions report.

States Make More Progress Rebuilding Rainy Day Funds

Total rainy-day balances have improved since their low point but still have fallen short of pre-recession levels.

Looking for ‘Win-Win’ Approaches to the Amazon HQ2 Deal

Economic experts on Tuesday discussed some considerations that surround the pending project.

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