Finance

From Police Shootings to Playground Injuries, Lawsuits Drain Cities' Budgets

Municipalities spend more than a billion dollars a year on settlements and claims from citizens. Some are trying hard to rein in those costs.

States Increase Tabs They Keep on Municipalities’ Fiscal Health

Chapter 9 bankruptcies and debt defaults have driven a surge in monitoring -- and the localities seem to appreciate it.

Facing Weak Revenues, States' Spending Growth Slows

A new NASBO report cites a volatile stock market and modest national economic growth for the slowdown.

A Sneak Peek of the Seismic Shift in Corporate Tax Breaks

New rules are forcing states and localities to calculate how much revenue they’re losing to business deals -- and whether they pay off. It’s something Washington state has been doing for a decade.

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