4 Min ReadWhere and how residents buy their alcohol in the commonwealth's control state system has resurfaced as a budgetary, policy and public-health dynamic.
5 Min ReadThe state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.
3 Min ReadIn a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.
1 Min ReadIn a rare show of unity, banking industry and consumer advocacy groups told congressional leaders that it is not too late to ensure individuals can access all of their coronavirus relief funds promised by the government.
2 Min ReadThe state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.
5 Min ReadSales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.
2 Min ReadPhil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.
2 Min ReadGASB 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.
3 Min ReadIllinois has spent about $170 million on coronavirus-related expenses so far, and Gov. J.B. Pritzker said more information on the budget impact is coming.
3 Min ReadFitch follows Moody's in revising the Empire State's debt to negative from stable.
5 Min ReadMoody’s revised its outlook on Illinois’ Baa3 rating to negative from stable; a university study warns of a worst-case $28 billion multi-year revenue hit.
3 Min ReadMay is when budget talks usually get serious in California, which has a budget highly dependent on income and capital gains taxes.
5 Min ReadNew York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.
3 Min ReadThe deal to buy 200 million masks a month will help California's medical workers while pressuring its state budget.
2 Min ReadThe worst is yet to come from the coronavirus pandemic, said the commonwealth's revenue secretary, Dan Hassell.
7 Min ReadFitch Ratings placed Alaska's AA-minus issuer default rating on Rating Watch Negative.
6 Min ReadRon DeSantis says he won’t trim or sign the 2021 state budget yet, but on Wednesday issued a statewide order limiting movement to essential services.
6 Min ReadBond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.
2 Min ReadOnline lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.
4 Min ReadThe Department of Finance told department heads it will be re-evaluating budget requests under a workload budget scenario.
