It’s not always easy to understand how they’re determined, but New Jersey’s former comptroller and budget director discusses the nuts and bolts of this important revenue source.
STATE AND LOCAL ROUNDUP | A new idea to fund state pensions in Kentucky … this California county has the most wind turbines in the nation … and Atlantic City’s worst days are behind it.
All three major components of personal income—work earnings, transfers such as Social Security benefits, and property income—rose over the past 10 years. Among the factors that shape personal income, effects vary by state.
The prospect of making changes to federally-backed drinking water and sewer lending programs is proving to be controversial.
“There’s a lot to like about this legislation,” said Sen. Tom Carper, top Democrat on the Environment and Public Works Committee.
STATE AND LOCAL ROUNDUP | Atlanta mayor introduces new city hall transparency ordinance … Minnesota’s graying farming community … and an Indiana city's train museum eviction dispute.
The Water Infrastructure Finance and Innovation Act would be authorized through 2021 under a bill released Thursday.
Supermajority tax measures have been pushed since the 1990s by deep-pocketed lobbying groups.
But the growth spurt may be short-lived.
The credit rating agency released its annual U.S. states budget analysis this week.
STATE AND LOCAL ROUNDUP | Rideshare protests in Portland … Philly council considers vetoes for real estate assessments … Iowa lawmakers trim energy-efficiency rebates … and Funkmaster Flex’s police escort.
Tax-exempt advance refunding helped state and local governments save billions of dollars in recent years.
STATE AND LOCAL ROUNDUP | N.Y. plans new assistance for Puerto Rico recovery ... N.M. legal battle over secret recordings … Richmond, Va. is an eviction hub … and a “silent impasse” at an Ohio village hall.
New law builds on earlier steps toward better fiscal management
Ohio and West Virginia were among the states that fared well in the rankings.
There's a historical grudge that the crypto industry holds with regulators in the Empire State.
The rail controversy has lawmakers raising questions about guidelines for tax-exempt private activity bonds.
It will now be up to the court to decide whether to reverse a legal precedent that dates back to an era before internet sales.
Changes to a long-standing legal precedent could free states to impose sales taxes on more internet retailers, but the immediate revenue gains could be somewhat limited.
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