A Governor Proposes Slashing His State's Income Tax by Half
The "biggest tax cut in the history of this state" is how he described it. But critics say the hit to revenue, estimated at over $1 billion annually in future years, would further undermine already shortchanged public services.
Market Losses Deal Heavy Dent to State and Local Pensions
Last year saw unfunded liabilities for the nation’s largest public retirement plans climb by roughly a half-trillion dollars.
This Dry January, Consider the Alcohol Excise Tax
Many states have abstained for decades from updating so-called sin taxes applied to wine, beer and liquor. One expert explains why changes could be on the horizon.
EPA Unveils $100 Million in Environmental Justice Grants
The Environmental Protection Agency announcement is part of a larger effort by the Biden administration to fight climate change and curb environmental harm in long-neglected communities.
A Small City's Descent Into Bankruptcy
"By far the worst that we have encountered," is how one person involved in resolving the fiscal mess described it. This first article in a three-part series, looks at how the troubled city's situation resembles another municipal bankruptcy about a decade ago.
The Case for More Federal Oversight of State and Local Budgets
An influential good government group is calling for tighter standards and is out with new recommendations for how Congress and regulators can begin taking action.
'Green Banks,' Poised for Billions in Climate Funds, Draw States' Attention
These banks provide financing for projects from efficient appliances to solar panels.
The Places Seeing Growth in the Semiconductor Sector So Far
With a major federal push underway to boost production of microchips in the U.S., a trade group for the industry highlights over 40 major projects nationwide.
How State and Local Leaders Can Address America’s Wealth Gap
COMMENTARY | The traditional method of offering incentives to corporations to help generate economic development in distressed areas has failed. It’s time to embrace a more people-centric approach called community wealth building.
What the $1.7 Trillion Spending Bill Includes for States and Localities
Congressional lawmakers fought back attempts by conservatives to delay the legislation until next year, approving billions for infrastructure, new regional technology hubs, homelessness programs and other state and local government priorities.
States and Localities Poised to Gain New Flexibility With ARPA Funds
The massive spending bill moving ahead in Congress was amended to allow for American Rescue Plan Act aid to go toward new uses, including disaster recovery and transportation infrastructure.
Here's What Was Left Out of the $1.7 Trillion Federal Spending Bill
A number of provisions state and local governments had been seeking were excluded, including renewed expansions of tax credit programs that help support low-income housing and households with kids.
Real-Time Data on What Muni Bond Investors Think of Your City
A new data tool offers a window into how investors are responding to changes affecting the financial outlook of individual governments, including trends like the rise of remote work.
Families Earning Over $100,000 Eligible for Miami-Dade Rent Relief
The county is considered one of the most expensive in the U.S. for housing. But under a newly expanded local program, households of four with incomes under $136,500 annually would qualify for emergency rental assistance.
$500M for New Tech Hubs Program Included in Federal Spending Bill
A law to promote domestic semiconductor production approved earlier this year created the regional development program, but didn’t fund it. The proposed spending would enable its launch.
Why Florida Is Coughing Up Billions to Save Its Insurance Market
The state's insurance companies are struggling to survive an onslaught of hurricanes and litigation.
The Outlook for State Budgets Heading Into 2023
Many states are on solid footing and expect to enjoy surpluses. But a couple are staring down sizable budget gaps.
Two Legislators Want to Audit Their State's Professional Sports Stadiums
They say the move would reveal the true value of the facilities and teams for taxpayers.
New State and Local Government Financial Reporting Requirements Headed to Biden’s Desk
State and local advocates opposed the provisions, which were attached to a massive defense bill and call for financial data to be standardized, searchable and machine-readable.
Should the Deadline to Spend ARPA Dollars be Extended?
Some local officials involved in managing American Rescue Plan Act aid describe a 2026 cut-off to use up all of the money as uncomfortably close.
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