Maine revises revenue estimates ahead of the new fiscal year
Maine's tax collection season was better than expected, bucking expectations at the threat of looming recession, a state committee told lawmakers.
Source: bondbuyer.com
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Legislature starts to pass a $229B state budget — although a month late
The Legislature added $2 billion to Gov. Kathy Hochul's budget proposal from Feb. 1, bringing the total 2023-24 budget to more than $3 billion over the 2022-23 budget.
Source: newsday.com
Record NYC budget projects bigger gaps in 2025-2027
While fiscal 2023 and 2024 budgets remain balanced, outyear gaps increase to $4.2 billion, $6.0 billion and $7.0 billion in fiscal 2025 through 2027, respectively.
Source: bondbuyer.com
Gov. Hochul says she and lawmakers reached agreement on New York State budget
Almost a month late, the New York Senate and Assembly are expected to soon pass the $229 billion fiscal 2024 budget.
Source: bondbuyer.com
Republican debt limit bill would cut pandemic funds to cities, states
Pandemic funding cuts may pop up in any of the four big-ticket, must-pass bills Congress will take up this year.
Source: bondbuyer.com