Amid Building Boom, Debate over Publicly Funded Stadiums Goes On
Many economists maintain that states and cities that help pay for new stadiums and arenas rarely get their money’s worth.
4 Kansas Ex Governors Join Forces to Fight Sam Brownback’s Fiscal Policies
Also in our State and Local Weekend Digest: Illinois budget mess threatens state road construction; Oakland, Calif., conflict-of-interest inquiry; and Jacksonville consolidated government dispute.
Budget-Strapped Kansas to Borrow $900 Million From Itself; Employees Blamed for N.Y. Prison Escape
Also in our State and Local Daily Digest: Chicago approves sick leave for all workers; mass shootings spur Denver schools’ switch to push-button locks; and Louisiana Republicans buck governor on shortfall.
State Spending and Revenues Are Finally Reaching Pre-Recession Levels Again
But arriving at that threshold has taken “an unusually long time.” And progress varies state-to-state.
When Parking Lots May Not Be Sound Long-Term Investments for Cities
With so many parking lots currently underutilized and an era of autonomous cars emerging, the return on investment may not be worth it.
The ‘Sky Is Really Falling’ on Jacksonville?; Calif. Lawmakers Call for Judge’s Resignation
Also in our State and Local Weekend Digest: N.Y. attorney general questions internet speed and ‘stolen’ land in N.C.
California's Catastrophic, Drought-Driven Tree Deaths Threaten Wildfires This Summer
Bark beetles have killed more than 29 million trees among the Sierra Nevada mountains, putting the state's wildlife, water supply and air quality all at risk.
How Park Directors Attract Wall Street Investors to City Projects
“For Wall Street to want to invest, there’s got to be something for them…” says Seattle’s park director.
State and Local Officials to Capitol Hill: Leave the Muni Bond Tax Break Untouched
At an Infrastructure Week discussion, leaders from around the country touted benefits, they say, the income tax exemption for municipal bonds provides for their jurisdictions.
N.J. Among States With Lagging Revenues Following April Tax Collections
State officials shared dimmer budget forecasts with lawmakers Wednesday.
The Student Debt Crisis at State Community Colleges
Policymakers tend to focus on stories of scary-high debt. But students who owe much less are actually more likely to default.
Did States Become Any Less Reluctant to Borrow Last Year?
Not so much, according to a new Moody’s Investors Service report.
HHS Secretary Links Zika Emergency to Puerto Rico's Debt Crisis
Congress so far has not been willing to appropriate new Zika money, nor has it agreed on a solution for the Puerto Rican debt crisis, which threatens the island with default on its $72 billion debt.
Flint-Inspired Senate Bill Provisions Would Finance State Water Infrastructure
The bipartisan legislation aims to help states with localities struggling to deal with contaminated drinking water.
‘Dear Mr. President: I Need Your Help’
The mayor of a small southwestern Pennsylvania town that’s set to run out of money this summer makes an appeal to the White House for assistance and says President Obama “should come into town and look at this damn situation.”
‘No Good Options’ to Solve Kansas Budget Mess; Alaska Eyes Changes to Its Permanent Fund
Also in our State and Local Daily Digest: Dutch-American city isn’t rolling up the ‘Welkom’ mat; Uber’s big penalty in Pennsylvania; and California’s ‘Skunk Train’ cleans homeless camps.
What’s the Fiscal and Economic Outlook Like for State and Local Governments In the Coming Months?
Analysts at one credit rating agency offer up their perspective.
Feds Charge N.Y. Town Supervisor Over Ballpark Financing; Too Many Empty Hotel Rooms in Texas
Also in our State and Local Daily Digest: A last chance for Atlantic City; R.I. unemployment is stagnant; and Kentucky’s big university budget cuts.
Could Atlantic City’s Financial Crisis Hurt Other N.J. Municipalities?
The political sparring continues between Gov. Chris Christie and Assembly Speaker Vincent Prieto over how to resolve the city’s deep fiscal problems.
Fitch Downgrades Rating on Chicago Debt to One Notch Above Junk
The move by the ratings agency comes after the Illinois Supreme Court last week ruled against a law aimed at reining in public employee pension liabilities.
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