The National Association of State Budget Officers (NASBO) recently released summaries of governors’ proposed budgets for fiscal 2014. The 22-page report includes a summary of the proposed budgets from 47 states. Common themes include: Increased...
Despite modest improvement, the 2013 Report Card for America’s Infrastructure points to aging roads and bridges, outdated energy grids, and transportation systems in need of attention, maintenance, and improvements.
Earlier this month, the U.S. Census Bureau released a fact-packed report on commuting patterns across the nation. The release, entitled, Megacommuters: 600,000 in U.S. Travel 90 Minutes and 50 Miles to Work, and 10.8 Million Travel an Hour Each Way, Census Bureau...
Puerto Rico has, once again, garnered the attention of the municipal bond market. On March 13, Standard & Poor’s downgraded Puerto Rico G.O. bonds to BBB-, just one notch above “junk bond” status. Moody’s already made a similar move back in December 2012. Axios...
Despite the nation’s own deficit problems, which parallel those of many state and local entities, the funding connection between the federal government and state and local governments remains strong. According to a report just released by the...
