State Rainy Day Funds Grow Even as Total Balances Lag
Some states have struggled to save given sluggish tax revenue growth and have had to make more recent withdrawals from fiscal reserves.
Reeling from Dismal State Budget, La. Gov. Takes Aim at ‘Obscene’ College Coaching Salaries
Gov. John Bel Edwards has had to consider suspending classes at state colleges. He thinks the millions going to coaches could be better spent.
The Leading Challenge Many U.S. Mayors Say Their Cities Are Facing
Based on the latest Menino Survey of Mayors, it’s “not just a coastal problem, but a problem everywhere.”
Route Fifty’s 2018 Management Survey Shows Different Attitudes on Budgeting Practices
Three-quarters of local government respondents said their organization would benefit from priorities-based budgeting.
State and Local Jurisdictions Step Up to Fill Federal Void During Shutdown
As the impasse continues on Capitol Hill, some governors vow action to keep national parks open with their own resources.
With New Jersey’s Pensions in Crisis, a Question of Fiscal Priorities
To lure Amazon’s HQ2, the Garden State is offering more than double its annual contribution to the public pension system—a system that paid out $5.5 billion more in benefits than it accrued last year.
Chicago Expected to Pay Another Big Legal Settlement in a Police-Related Lawsuit
In the past two months, the nation’s third-largest city has seen nearly $100 million in judgements from lawsuits involving local law enforcement.
'God Made Republicans to Cut Taxes'
On a 227-203 party-line vote, the House on Tuesday passed a far-reaching, $1.5 trillion revision of the tax code, cutting rates for corporations, small businesses and individuals.
Rethinking Our Century-Old Approach to Paying for Infrastructure
Our crumbling infrastructure can be fixed if we change how we fund capital investments and maintenance.
Virginia Governor Tries Expanding Medicaid—Again
Terry McAuliffe has attempted expansion three times already. Thanks to Democratic gains in the state legislature, his odds of success have improved.
Republicans Are on the Cusp of Passing Their Tax Bill
Here's a rundown of some of the major provisions that have implications for state and local governments.
A Push to Preserve the New Markets Tax Credit
The future of the credit, which helps provide low-cost financing for projects in struggling communities, has been caught up in the tax debate unfolding in Congress.
GOP Tax Deal Is Slated to Expand Capped SALT Deduction Proposal
Property, income and sales taxes would be covered under the emerging plan, which would differ sharply from current law.
Creating a State DOT That's Not 'Trapped in the 20th Century’
Colorado's departing transportation chief offers some thoughts on what it takes.
Seeking Solutions for the ‘Water Infrastructure Death Spiral’
It’s a problem communities can face when populations and property values decline.
Republicans Mull Expanding State, Local Deduction in Tax Legislation
GOP leaders in the House and Senate have voiced an openness to including a limited deduction for state and local income taxes as they move toward finalizing their tax code rewrite.
Senate Approves Tax Bill With Limited State and Local Deduction
The legislation passed 51-49, without Democratic support. One credit rating agency described the bill as "negative overall for state and local government finances."
Collins Files SALT Amendment, as Senate Votes to Debate Tax Bill
Sen. Susan Collins is proposing to change state and local tax deduction provisions in the bill to mirror House legislation.
Trump Tells Senators He Backs Capped SALT Deduction in Tax Bill
GOP tax legislation in the Senate could get a floor vote before the end of the week.
The Republican Tax Bill Might Need an Escape Hatch to Pass
Ahead of a key vote this week, senators from states where tax cuts busted the budget want the plan to include a “backstop” in case the party’s rosy revenue predictions don’t come true.
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