Virus’ Hit to Sales Tax Revenues is Coming Into Focus and It’s Not Good

New data shows a 10%, or $42 billion, drop in state and local sales tax receipts in the second quarter. Factors like whether groceries are taxed appear to be affecting collections in some states.

New Jersey Could Allow Local Governments to Borrow to Avoid Budget Cuts

Lawmakers this week approved legislation that would allow county and municipal governments to issue "coronavirus relief bonds" they would then pay back over 10 years.

States Use COVID-19 Relief Dollars to Hold Down Business Taxes

Some Democrats want the money used to help workers more directly.

Coronavirus Impact on County Budgets Projected to Total More than $200 Billion

Increased costs related to the Covid-19 response coupled with decreasing revenues have counties bracing for a budget shortfall through at least the next fiscal year, according to a survey by the National Association of Counties.

‘One-Third of Our Income Is Gone’: A Rural State Faces a Big Budget Gap

Fallout from the coronavirus pandemic and downturns with oil, gas and coal have left Wyoming in a tough financial spot, with deep agency cuts and layoffs on the horizon.

Civil Asset Forfeiture Under New Scrutiny Amid Calls for Police Reform

But with the economic instability caused by the coronavirus pandemic, some worry law enforcement and prosecutors could actually step up efforts to seize criminal defendants' property.

Budget Stress Presents Added Obstacle for School Reopening

School districts face extra costs to safely bring back students after shutting down due to the coronavirus. At the same time, the outbreak is pressuring state and local government budgets.

Support to Restore Nixed Municipal Refinancing Tool Grows in Congress

The 2017 federal tax overhaul eliminated tax-exempt advance refunding, but the coronavirus crisis has lawmakers looking at the possibility of bringing it back.

How Local Governments Navigate Covid-19 Budget Shortfalls

COMMENTARY | Local governments can counter new budget challenges by finding sources of untapped revenue.

Cities Delay Infrastructure Projects Amid Covid-19 Budget Uncertainty

A survey by the National League of Cities Found that more than 700 cities are cancelling or delaying infrastructure projects because of budget shortfalls caused by the pandemic.

San Francisco Voters to Decide on Taxing Companies With Outsized Executive Pay

Local elected leaders are sending the tax plan to the ballot, citing concerns about equity and the large hole that the coronavirus has blown in the city's budget.

A Governor Proposes Furlough Days, Some Layoffs to Help Balance Budget

Nevada is looking for ways to bridge a massive revenue shortfall brought on by the coronavirus.

Municipal Workers in One City Unite to Call for Higher Taxes Instead of Layoffs

The effort in Philadelphia involves both union and non-union employees and comes as city elected leaders are trying to solve a budget shortfall caused by the coronavirus outbreak.

State and Local Public Workforce Hit With Thousands More Job Losses

The downbeat figures came as the unemployment rate overall showed signs of improvement in May after skyrocketing amid the coronavirus pandemic.

Virus Casts Uncertainty Over City Budget and Economic Development in a Health Care Hub

Like other localities, the coronavirus has Rochester, Minnesota facing questions about both its financial outlook and future economic growth.

Protesters Demand Defunding and Demilitarization of Police

In cities across the country, protest organizers say they want less money from local government budgets going to the police.

Smaller Cities Left Waiting on Coronavirus Aid Money

“The challenge for 97% of America's cities is that we haven't received any funding yet,” says one mayor.

Medicaid Rolls and Costs Poised to Grow as Job Losses Mount

New estimates indicate that upwards of 12 million more people could become eligible for the program after losing health insurance they had through their workplace.

White House Open to Loosening Rules for State and Local Aid Funds, Mnuchin Says

The Treasury Secretary also clashed with Sen. Sherrod Brown over how well-prepared the nation is currently to limit coronavirus risks as the economy begins to reopen.

Colorado Groups Push for Tax Hike on Higher Earners to Help With Budget Shortfall

The temporary income tax increase they’re supporting would apply to households making upwards of $250,000 per year. The state, like others, is facing budget pressures tied to the coronavirus outbreak.

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