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.
