Finance

Can compromise be reached in two state budget debates?

Taxes and affordable housing are holding up budgets in Virginia and New York. Instead of threats, the governors in each state appear to be trying to find common ground—for now.

How a common election integrity law is keeping Idaho from fixing its crumbling schools

An influential conservative group is targeting local bond and levy elections, which districts rely on heavily to build and repair schools.

New bill would convert unused government buildings into affordable housing

California Reps. Adam Schiff and Jimmy Gomez cosponsored legislation that would direct the Housing and Urban Development Secretary to help refashion certain federal, state and local government properties into affordable residential rental projects.

These ‘green banks’ are getting billions to decarbonize disadvantaged communities

The Biden administration just distributed $20 billion in IRA funding to loan to individuals and communities across the country.

Sponsor Content

Eliminate Manual Processes Route and Approve Invoices from Anywhere

Today’s finance teams carry a heavy burden, supporting everything from growth strategies to long-term planning – all while continuously delivering monthly and quarterly numbers and keeping cash flowing. But even as demands on finance departments grow, many still spend excessive time using paper, spreadsheets, and e-mails to process vendor invoices, approvals, and payments.

Cash isn’t the only thing guaranteed income programs can deliver

Data is starting to show that supplemental income programs can boost participants’ employment, housing stability and family well-being.

Track opioid settlement payouts—to the cent—in your community

Determining how much money has arrived is the first step in assessing whether the settlements will make a dent in the nation’s addiction crisis.

Billions in earmarks headed to states and cities

The funding comes despite conservative opposition to the federal government paying for specific local projects.

It’s time to help more workers save for retirement

COMMENTARY | More states are considering voluntary automated savings programs for employees who lack access to a retirement plan at work.

New Jersey senator proposes doubling casinos’ online wager tax rates

Change would more than double revenue streams that brought in $414M last year.

Pro teams aim to score nicer stadiums—and maybe more—from the public

Sports teams are asking for millions of dollars in public subsidies to build or refurbish their stadiums, and many want to create nearby fan districts to boost their bottom lines too.

Some low-wage earners must choose between pay raises and government assistance

Lawmakers in North Carolina heard from experts about the “benefits cliff” and how other jurisdictions are developing strategies to lessen its impact on low-income families.

Senate at an ‘impasse’ over restoring child tax credit

Republicans in the chamber oppose the way the credit is calculated, making the passage of the tax package approved by the House in February uncertain.

States love March Madness. That’s a problem for many.

As more states have legalized sports betting, they’ve also seen a dramatic uptick in gambling addiction.

Congress finally approves spending budget, nearly six months late

The vote in the House and Senate averts a shutdown and brings funding certainty. But several programs significant to state and local governments will see cuts.

Grants and growth: The infrastructure funding surge demands masterful management

COMMENTARY | To leverage federal funds to strengthen their economies and invest in the future, state and local governments need strong, centralized grant management support.

Inflation has turned Washington state’s property tax cap into a county budget-killer

Frustrated county officials say state leaders have shunted the state’s financial burden onto local governments.

Spending package cuts grants to cities to help with influx of migrants

The six spending bills also fail to fund internet subsidies and security for places of worship.

States look to AI for its potential to help with finances

Artificial intelligence holds promise for creating budget-saving efficiencies, aiding in audits and helping with compliance. But the emerging technology also poses challenges that could affect spending.

Georgia’s Medicaid work requirements costing taxpayers millions despite low enrollment

The program touted as an alternative to Medicaid expansion under the Affordable Care Act has cost taxpayers millions, with more than 90% going toward administrative and consulting costs rather than medical care.

From paper to portal: How one city brought tax filings online

Under an aggressive modernization strategy, Columbus, Ohio, has built a one-stop shop for filing income tax returns.