The president said he envisions infrastructure as “a big part” of the next round of emergency legislation.
The new bill to replenish the Paycheck Protection Program clarifies that hospitals created as political subdivisions are eligible.
The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.
Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.
Mayor Eric Garcetti announced plans to furlough thousands of city employees because of coronavirus-driven shortfalls.
Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.
The downgrade brings Fitch into alignment with Moody's and S&P, and the negative outlook leaves Illinois without any rating room above speculative grade.
Their governors are pressing the Trump administration to support more relief that directly addresses revenue blows
One of the nation’s largest transportation borrowers issued its first bond disclosure about the fiscal impacts from the COVID-19 pandemic.
GASB said the delay comes in response to a number of requests because of the coronavirus pandemic, with some finance officers asking for up to an extra two years.