For a city like Grand Rapids, this would mean having about $28 million in state funding withheld each year, according to the Michigan Department of Treasury.

Revenue estimates also included a $14.6 million decline in state revenues for the current year, which ends with June. That will likely mean the Legislature will tap a $16 million reserve fund that ...

That forecast predicted the state could count on $12.4 billion in revenue during the next two-year budget cycle, about 3.4 percent more than it is expected to receive over the entire the 2024-2025 ...

Politics Oregon’s economic outlook sours, leaving state lawmakers with millions less to spend than previously expected Updated: May. 14, 2025, 3:35 p.m. | Published ...

The $46.8 billion balanced budget—meaning spending does not exceed revenue—was more difficult to achieve this year than most due to the state’s growing Medicaid costs and slowing revenue growth.

In 2024, the transit company had about $62 million in revenue. About 40% of that, or $24.9 million, was from local governments through a millage. About half of the agency's budget comes from the ...

MONTPELIER — State revenues came in above expectations for July, even after the state upgraded its financial forecast the same month. According to Secretary of Administration Justin Johnson, General ...

The state’s fiscal year runs through June 30, meaning we’re currently 10 months in. Only part of the decline can be attributed to the tax deadline extension, however.

Ohio State will begin paying athletes in football, men's and women's basketball, and women's volleyball starting July 1st. The payments are part of a revenue-sharing model stemming from a recent ...

The state is still seeing year-over-year revenue growth, “signaling a strong Idaho economy.” Lawmakers and Little left a $400 million cushion in the current year’s budget.