A State Pension Proposal That Promises Near-Term Savings, But Higher Future Costs

Kansas Gov. Laura Kelly included the “reamortization” plan in her first budget. It’s proving to be controversial.

Disputes Over State Taxes on Railroad Fuel Simmer Before Supreme Court

The court on Monday asked for the U.S. government to submit views on an Alabama case.

The Truth About the Gig Economy

Uber and similar companies aren’t driving huge changes in the way that Americans make a living.

Few Signs So Far Sports Wagering Will Be Huge Boon for State Budgets

“Large amounts of tax revenue from sports gambling is no sure bet,” one expert notes.

A Prolonged Shutdown Will Hit Counties With Tight Cash Flows Hardest

From wildfire prevention efforts to farm loans to mass transit, here are the latest potential casualties of a long-term funding hiatus.

A Turbulent Stock Market Can Benefit State and Local Borrowers

When stocks get dicey, one place investors turn to is municipal bonds.

San Francisco’s Homelessness Tradeoff

Taxing big business means more money for health care and social assistance, but the city’s economist says it could also mean fewer jobs and a smaller economy if companies move or open elsewhere—which could sting in a recession.

The States That Give and Get the Most Federal Dollars

A new analysis identifies states that have sent more money to Washington than they saw in returned federal spending.

City Leader Wants Residents to Try Balancing the Parks and Rec Budget

STATE AND LOCAL ROUNDUP | Federal shutdown delays hurricane recovery funds … another Flint water crisis plea deal …. and confusion comes with Conn. town’s pay-per-bag trash collection proposal.

New Governor Has 1st State Budget Due This Week

STATE AND LOCAL ROUNDUP | Minn. is falling behind on goals to reduce emissions … Airbnb sees big growth in rural areas … and a lawsuit could drain Pa. transit funding.

Bill to Restore Full State, Local Tax Deduction Emerges in New Congress

The “SALT” deduction was curbed by the GOP-backed tax law passed in late 2017.

Retiree Health Care Liabilities Keep Stacking Up For States

Newly issued data show the financial challenge posed by "other post-employment benefits."

Shutdown Struggles Loom for Localities in Need of Infrastructure, Affordable Housing Funding

What’s currently a distraction for governments could soon turn into a more serious situation.

Tax Cuts, Whale Funding and Pay Bonuses Among the Priorities in Governors' Proposed Budgets

Across the U.S. governors are rolling out their spending plans for the upcoming fiscal cycle.

Pennsylvania Pension Commission Flags Upwards of $1 Billion in Investment Costs for One Year

The sum earned by investment managers from one pension fund exceeded employee contributions for the same period.

The Promise and Peril of Borrowing Money to Manage Pension Costs

Chicago Mayor Rahm Emanuel last week proposed issuing bonds to improve the city’s pension funding levels. Is that a good idea?

Auto Loan Delinquencies Higher in Southern States

States with delinquency hotspots should reconsider harsh vehicle repossession policies and improve consumer protections, said one Urban Institute researcher.

Kentucky Governor Gives Short Notice on Pension Special Session

Days after the state Supreme Court strikes down a controversial pension reform law, teachers and other public employees rush to Frankfort—again.

Worried About the Next Recession? Here’s What to Watch

A new study suggests looking at peaks in financial cycles.

Data Show Sluggish Economic Output in Smaller Counties

For the first time, the Bureau of Economic Analysis has released GDP figures for all of the nation's counties.