State lawmakers pursue homeowner tax cuts, but counties, schools and towns face shortfalls.
Federal import duties may squeeze state budgets over time, particularly in manufacturing and trade-heavy jurisdictions, a new Pew analysis found.
State and local government leaders know their budgets are being swamped by federal changes. They need to act fast to mitigate the impacts.
Congress and the states run on different fiscal calendars. Blame Nixon.
State humanities councils connect Americans with their past and each other. That work is under threat due to federal cuts.
Colorado’s revenue dropped by $1.2 billion due to tax code changes in the One Big Beautiful Bill Act. Lawmakers altered some tax credits but left spending cuts up to Gov. Jared Polis.
Inflation, tight property tax caps and cooling sales tax revenue are forcing municipalities to cut contracts, raise fees and reduce services.
With nearly $7 billion in K-12 support delayed, districts are bracing for cuts to staff, programs and student services.
Blame Ozempic. And maybe tariffs.
Chicago is $1.15 billion short. A report commissioned by Mayor Brandon Johnson looks unlikely to solve that problem.
Innovators, investors and practitioners are on the hunt for fruitful applications of blockchain and other evolving financial technology. Undoubtedly some of their ambitions will involve government finance. Which ones might actually pan out?
At least 20 of the nation’s 25 largest cities face budget gaps in 2026. As cities lean on reserves and costs outpace revenues, experts warn state flexibility will be critical.
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues. Public financiers have more to think about amid federal aid cutbacks, AI's impact on employment and rate-cutting by the Fed.
Colorado’s “rolling conformity” with the federal tax code, coupled with sweeping tax breaks enacted by Congress, triggered a sudden revenue loss.
Here are three of the latest takeaways from the agency’s efforts to rid the state of what it calls “egregious” government waste.
The mayor is facing a more than $1 billion budget deficit and has already disavowed a property tax hike.
Most Read
