Deficit Laden Federal Finances Stir Uncertainty for Future State Aid

Low Federal Reserve interest rates are a concern as well when it comes to how the nation will respond to the next recession.

State Lawmakers to Congress: Butt Out of Online Sales Taxes

The National Conference of State Legislatures is asking leaders on Capitol Hill to refrain from legislating around the recent South Dakota v. Wayfair, Inc. Supreme Court decision.

Lawmaker Wants to Get ‘Fake Revenue’ Out of His State’s Budgeting Process

Pennsylvania state Rep. Seth Grove is pushing for consensus budget forecasting.

An Important Pension Lesson: Why You Shouldn’t Use ‘Discount Rate’ and ‘Investment Rate’ Interchangeably

COMMENTARY | New Jersey’s former state comptroller and budget director discusses why pension rules for the discount rate are confusing, not comparable and troubling.

The States That Could Be Derailed By an Economic Downturn

New research shows that some states have improved their ability to cope with a recession. Others remain less prepared.

In Tax-Free States, Businesses Squirm at Collecting Online Sales Taxes for Others

Many states are looking at how they can tax more online sales. But for states that don't collect sales tax, the issue is different.

City Revenue Growth Is Slowing Down

That's according to the latest National League of Cities fiscal conditions report.

States See Energy Boom Along With Economic Expansion

Oil and gas production increased by nearly half in New Mexico over the past year, 29 percent in Texas and Colorado, and 19 percent in North Dakota and Oklahoma, according to federal figures as of June. 

'Tax Reform 2.0' Would Permanently Curtail State and Local Deduction

Some state and local government leaders have chafed at the cap on the so-called SALT deduction.

On the Front Lines of Wildfires, Counties Fear Waning Funding

COMMENTARY | County officials say that "payments in lieu of taxes" are necessary for providing key services, including fighting wildfires.

Show Me the Money: Sports Betting Off and Running

Several states started to allow sports betting after the U.S. Supreme Court's decision overturning a federal ban. More are expected to follow.

Emerging Plan Would Rework Payments for Forest Counties

Two senators are working on a proposal meant to get local governments in logging country off a funding "rollercoaster."

Teacher Pay Lags Badly Compared to Other Jobs, Study Finds

New research shows public educators face a growing “compensation penalty.”

Nuclear Plant Closures Bring Economic Pain to Cities and Towns

Four states have passed financial packages to help bolster nuclear plants.

Most Texas Localities Are Still Growing a Year After Hurricane Harvey

A new Moody’s report shows that a combination of reconstruction, continued population growth and federal assistance have helped.

States Make More Progress Rebuilding Rainy Day Funds

Total rainy-day balances have improved since their low point but still have fallen short of pre-recession levels.

As Students Head to Campus, Colleges Fear International Student Decline

Regional colleges and universities may be harder hit financially by an enrollment decline, because they don’t have other sources of revenue—such as multibillion-dollar endowments—to cushion the blow.

IRS Proposal Would Sink States' Tax Deduction Workarounds

The U.S. Treasury Department and IRS released their highly anticipated regulatory proposal on Thursday.