Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
Now 25,000 members strong, financially secure and long blessed with thoughtful leadership, the Government Finance Officers Association is poised to address the challenges to come for those who manage the public purse.
The state has settled a lawsuit filed on behalf of low-income students of color from Oakland and L.A. They claimed the state offered insufficient support for remote learning.
Tens of billions in federal funds are on the way to spread high-speed Internet across the countryside. States should structure their grant programs to make sure markets are competitive.
The industry paid the highest total of state and local taxes and state royalties last year in all of Texas history, breaking last year’s record by more than $1.5 billion. The taxes translate to $72 million daily for schools, roads, first responders and more.
Legislatures and governors are not afraid of undermining — or even downright repealing — citizen initiatives that win at the ballot box.
Long-term financial incentives for investment success are commonplace in the private sector, but tricky to design in public retirement plans. The implementation challenges are structural, operational, methodological and, yes, political.
Human error on Jan. 3 resulted in the loss of thousands of files from 77 computer system servers for the Pennsylvania State Police and State Employees’ Retirement System. Some of the data has yet to be recovered.
In 2022, the state raised the income eligibility for the Supplemental Nutrition Assistance Program from 165 percent of the federal poverty income to 200 percent, expanding the eligible population by 420,000 residents.
In a report released on Tuesday, Vermont state Auditor Douglas Hoffer concluded that the city continues to struggle to properly administer the infrastructure financing system. Burlington’s mayor contested one of the key findings.
To compete for winning investment performance in capital markets, the plans need to build stronger internal bench depth. Compensation is part of the picture, but they also need to beef up their training camps.
In a large majority of states, low- and middle-income residents pay an effective tax rate that's higher than top earners, a think tank finds.
State lawmakers will be rushing to address crime, AI, housing and a host of other issues – including growing budget gaps – ahead of elections this year.
Massachusetts voters approved an additional tax on incomes of more than a million dollars. At least a billion extra dollars will support transportation and education projects this year.
So far, seven states have passed laws approving the use of Medicaid funds to pay for community-based programs intended to stop shootings. But unlocking the funds is complicated and it's unclear how much money will actually be diverted.
The Inflation Reduction Act includes $1 billion to help states implement modern building codes. The CEO of the International Code Council outlines both obvious and underappreciated reasons they are essential.
Across the nation, state transportation agencies are warning that public safety is at risk if lawmakers don’t overhaul how road maintenance gets funded. Some states are proposing new taxes and fees.
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