State Budget Forecasts Could Shift in a Big Way
COMMENTARY | Here’s why preliminary observations and estimates from the recent ‘Fiscal Survey of the States’ could significantly change, according to New Jersey’s former state budget director and comptroller.
Zones for New Federal Tax Breaks Approved in All 50 States
Guidance for the “Opportunity Zones” program, which will provide tax breaks for investments in low-income areas, is still forthcoming.
A Type of Revenue That Can Be Both Alluring and Packed With Pitfalls
New research looks at "non-recurring" state budget collections.
Law Enforcement Grants Would Get Funding Bump Under Senate Bill
The draft measure also includes additional money for programs meant to help quell opioid and heroin abuse.
Funding Steady for Environment, Interior Programs in Senate Bill
The draft legislation covers programs that help fund water infrastructure, and that provide payments to rural counties.
Seattle Leaders Set to Retreat After ‘Head Tax’ Furor
STATE AND LOCAL ROUNDUP | Colo. wildfires … San Francisco mayoral race still in limbo … Lyme disease on Staten Island … and Va. Beach council members want city manager fired.
Stress Testing Can Help Troubled State Public Pension Funds
A new analysis shows benefits of considering a range of factors and scenarios.
Pennsylvania’s ‘Johnstown Flood Tax’ May End Up Helping Johnstown Again
STATE AND LOCAL ROUNDUP | Judge orders LePage to act on Maine Medicaid expansion … no big shakeup expected under Missouri’s new governor … and Baltimore’s unofficial sewage overflow.
The Mayor of Memphis Wants to See His City Shrink
Mayor Jim Strickland and others are interested in "de-annexing" parts of the city.
How Exposed Is Your State to Trade Tensions?
More than a dozen states have above-average international trade exposure, per a new Moody’s report.
Banking Bill Expected to Help Lower State and Local Borrowing Costs
President Trump signed the legislation on Thursday.
Atlanta Gets Creative Financing Green Infrastructure
The city plans to undertake eight projects worth $12.9 million making its Westside more resilient to flooding.
IRS, Treasury Take Icy View of State Workarounds to Capped Deduction
A notice issued on Wednesday could have implications for some recently passed state laws.
Universal Basic Income Could Help Poor D.C. Residents—But It’s Risky
The program could cost up to $9 billion a year and has the potential to put federal funding for other safety-net programs at risk, according to a policy analysis.
Hedge Those Bets: Sports Gambling May Not Be a Jackpot for States
Gambling experts warn that starry-eyed lawmakers might be overestimating their haul from legalized sports betting.
States Turn to New Tool to Sustain Pension System Funding
Stress tests help policymakers plan for the next recession.
The Stakes for States Remain High With Trade War ‘On Hold’
“I’m not sure that there’s a blue sky at the end of these back-and-forth negotiations over trade.”
Explaining the Complexities of Property Tax Calculations
It’s not always easy to understand how they’re determined, but New Jersey’s former comptroller and budget director discusses the nuts and bolts of this important revenue source.
The Other Local Economic Impact of the Kilauea Eruption
STATE AND LOCAL ROUNDUP | A new idea to fund state pensions in Kentucky … this California county has the most wind turbines in the nation … and Atlantic City’s worst days are behind it.
Supreme Court Rules States Can Legalize Sports Gambling, Reaffirming Limits of Federal Authority
The high court made clear that state legislatures have a “dual sovereignty” with their federal counterparts.
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