3 Min ReadComptroller Kevin Lembo forecast a $620 million fiscal 2020 deficit in his monthly update to Gov. Ned Lamont.
2 Min ReadSales tax collections fell 13.2% compared to the same month last year, the steepest decline since January 2010
2 Min ReadMaine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.
3 Min ReadAs state finances across America are upended by the coronavirus, almost all of them face the same, self-imposed, problem: how to balance their budgets.
2 Min ReadState lawmakers passed a continuing resolution, and expect to return to Columbia in September to complete work on a budget for fiscal 2021, which begins July 1.
4 Min ReadThe head of the U.S. central bank said its emergency credit programs were not designed to prop businesses up over the long term.
2 Min ReadKate Brown also joined with the other governors and officials of the western states to urge Congress and the Trump administration to approve $1 trillion in aid.
2 Min ReadFinancial damage from the COVID-19 pandemic forced New Jersey Gov. Phil Murphy to retreat from plans to build up the state’s reserves.
3 Min ReadS&P Global Ratings said balancing the state budget "will be met against a growing cloud of uncertainty” between the recession and COVID-19.
4 Min ReadIllinois tentatively plans to sell $1.2 billion of certificates next week and $1 billion of bonds the following week.
