Nevada's rainy-day fund soars to twice the level seen in 2020
The rainy-day fund is currently at $904 million, but Gov. Joseph Lombardo's budget targets $1.6 billion in reserve by the end of the biennium.
Stay updated with breaking news from State Budgets. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The rainy-day fund is currently at $904 million, but Gov. Joseph Lombardo's budget targets $1.6 billion in reserve by the end of the biennium.
Totaling $79 billion, a wide array of subjects are included.
Michigan would funnel $200 million more into its rainy day fund and establish a new school budget stabilization fund under Gov. Gretchen Whitmer's proposal.
Connecticut residents would get an income tax cut and increased spending in education and workforce training under Ned Lamont's spending package.
Milwaukee could see relief from pressures that have dragged down its ratings if Gov. Tony Evers' proposals — to raise shared revenues and allow local governments to seek voter approval for a sales tax hike — clear legislative hurdles.