Maine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.
As state finances across America are upended by the coronavirus, almost all of them face the same, self-imposed, problem: how to balance their budgets.
State lawmakers passed a continuing resolution, and expect to return to Columbia in September to complete work on a budget for fiscal 2021, which begins July 1.
Kate Brown also joined with the other governors and officials of the western states to urge Congress and the Trump administration to approve $1 trillion in aid.
Financial damage from the COVID-19 pandemic forced New Jersey Gov. Phil Murphy to retreat from plans to build up the state’s reserves.
S&P Global Ratings said balancing the state budget "will be met against a growing cloud of uncertainty” between the recession and COVID-19.
Illinois tentatively plans to sell $1.2 billion of certificates next week and $1 billion of bonds the following week.
Where and how residents buy their alcohol in the commonwealth's control state system has resurfaced as a budgetary, policy and public-health dynamic.
The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.
In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.