Cost Sharing Among State Defined Benefit Pension Plans
In response to the budget strains and funding challenges, some states have looked to alternatives to traditional pensions.
In Tide of Red Ink, Some States Show Surpluses
The budget winners avoided deep tax cuts and maintained robust rainy day funds.
Ready for Download: ‘The Infrastructure Quandary’ Special Report
Route Fifty examines the challenges to finance vital improvements for transportation and public works projects around the nation.
Relative of Kansas Gov. Slams His Budget Proposal; Colo. Lawmakers May Pursue Tax Hike
Also in our Weekend State and Local Daily Digest: Emergency declaration in Georgia; Philly-area bridge closed after structural fracture; a big EPA fine from a Honolulu molasses spill.
In Effort to Protect the Muni Bond Tax Exemption, ‘It’s a Full Court Press’
Columbia, S.C., Mayor Stephen Benjamin is helping lead a push by city halls to defend the tax break. “We’re going to speak to every member of Congress.”
The Great Texas Pension Fix
Houston owes its police, fire, and city workers about $7.8 billion, and it doesn’t exactly have the cash on hand. Their hard-fought solution could serve as a model for the rest of Texas, and the nation.
Unease Over Tapping Louisiana’s Rainy-Day Fund; D.C. Mayor vs. Bill O’Reilly
Also in our State and Local Daily Digest: Philly’s rat stats; Arkansas mayor resigns amid scandal; and Nevada governor’s education proposal.
For U.S. Conference of Mayors, ‘So Far, So Good’ With Trump
On the first day of the organization’s annual winter meeting in Washington, D.C., city hall leaders discussed policy priorities such as infrastructure, health care and law enforcement.
S.C. Struggles With Pension Funding; New Governors Sworn Into Office in Ind., Mo.
Also in our State and Local Digest: A push to raise Mont.’s gas tax; municipal panic buttons expand in Mass.; and a W.Va. city hall is a ‘total loss’ after a fire.
New York’s Other Costly and Long-Delayed Transportation Megaproject
Huzzah! The first phase of the expensive Second Avenue subway is open for business after a tortured 100-year history. But don’t overlook the even-more-expensive and delayed East Side Access project.
If Cap-and-Trade Falters, What’s Next for California’s Bullet Train Funding?
A top high-speed rail official in the Golden State shares his thoughts on what could be a big stumbling block.
The Budget Mess Continues in Kansas
Kansas Gov. Sam Brownback recently told The Kansas City Star: “I want a fairer tax system, but it’s like that was all counter to my policies.” Good luck replenishing that bone-dry rainy day fund.
Muni Bond Tax Exemption Gets Nod of Approval From Trump During Mayors Meeting
“He showed great interest in helping cities,” Oklahoma City Mayor Mick Cornett said following a visit to Trump Tower on Thursday.
Tax Measures Seen as Essential for Big Infrastructure Programs
Experts debate raising money from repatriation of offshore profits, tout importance of municipal bonds.
Conn. Pension Deal Kicks the Can Down the Road; Calif.’s Costly Prison Health IT Upgrades
Also in our State and Local Weekend News Digest: Philly drug overdoses; Georgia voter hack suspected; and Illinois budget mess hits holiday charities.
Vulnerable Communities Are Using Innovative Financing to Prepare for Natural Disasters
Spending on mitigation now will save lives and taxpayer dollars.
High-Tech Innovation Is Happening in More Places Than You Think
And federal funding should match the the economy’s diaspora, according to a newly released ITIF report.
In Booming Dallas, Bankruptcy Talk Shines Light on City’s Tough Fiscal Predicament
Whatever comes next in the nation’s ninth-largest city, it won’t be pretty.
Ohio Fiscal Transparency Initiative Includes Hundreds of Local Governments
The Buckeye State has been pushing to make detailed information accessible online about state and local government spending.
Learning From Resilient Design Projects in the Wake of Superstorm Sandy
A new report spearheaded by the Georgetown Climate Center explores the funding, legal and land-use barriers to local resilience efforts and why they're to be expected at such an experimental stage.
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