Page 22 - State Budgets News Today

There are only four statewide bond measures appearing on ballots across the country, the lowest since 2010.

The measure now heads to the Republican-led House for consideration.

California revenues are $2 billion below its 2023-23 Budget Act forecast for the first two months of the fiscal year 2023.

Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.

BOISE, Idaho (AP) — Idaho’s individual income taxes, sales taxes and corporate income taxes all fell slightly below monthly projections for August, the state budget office reported Tuesday. The $38.5 million dip below expectations is still a tiny fraction of the state’s $6 billion budget.

With Texas reporting a double-digit revenue increase in fiscal 2022 and projecting a record budget surplus, Gov. Greg Abbott wants a large property tax cut.

New Mexico’s judiciary has endorsed the elimination of court fees linked to traffic violations and some misdemeanor criminal cases that can have a disproportionate impact on the poor. State courts

Economists presented a good news-bad news scenario during their September forecast that included the possibility of a recession, which would kill the kicker rebate.

Nearly all construction firms have job openings, and more than half said they're seeing projects being scaled back, postponed or canceled.

JEFFERSON CITY, Mo. (AP) — Stoked by the largest surplus in state history, Missouri’s Republican-led Legislature devised a $500 million plan to send one-time tax refunds to millions of households.