2 Min ReadGov. Phil Murphy’s administration places nearly $1 billion of discretionary spending in reserve through the 2021 fiscal year amid economic struggles from virus.
4 Min ReadThe Disaster Emergency Funding Board, authorized in 1973, will consider Gov. Gina Raimondo's request for up to $300 million short term borrowing.
2 Min ReadDespite rising 3% in 2019, DiNapoli expects bonuses to drop this year.
2 Min ReadEric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.
3 Min ReadThe majority of the economic disruption will occur in fiscal 2020, but the revenue impacts will extend into the first half of fiscal 2021, says Moody's Analytics Dan White.
6 Min ReadWhen lawmakers cast the final vote on the 2021 budget, they won’t have updated revenue projections but other states and industries do.
2 Min ReadState Comptroller Thomas DiNapoli released updated state revenue projections.
2 Min ReadLawmakers return to the state capital to formally approve the budget Thursday amid concerns over the novel coronavirus outbreak.
4 Min ReadOther Midwest legislatures are canceling sessions or weighing early spring breaks to slow the spread of COVID-19.
1 Min ReadWith a state budget deadline on the horizon, NY Gov. Andrew Cuomo is requesting revised revenue estimates that factor in the economic realities of fast-spreading virus.
6 Min ReadThe stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.
5 Min ReadGov. John Bel Edwards kicked off Louisiana's legislative session by asking lawmakers to share accurate details about the coronavirus with constituents.
2 Min ReadIn budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.
5 Min ReadState officials say fiscal 2020 revenues are on target and lay out fiscal 2021 prospects.
3 Min ReadThe state's projected budget surplus was raised to $1.5 billion, but officials are cautious over risks of economic slowdown and the impact of COVID-19.
