State and Local Debt Defaults Hit Three-Year High in 2024 Defaulted state and local government debt surged to a three-year high in 2024. Explore the factors behind this financial turbulence and its impact.
7% Boost in Grants Fuels Regional Revitalization Local governments receive a 7% increase in grants, enhancing regional revitalization efforts. Explore how this boost supports local initiatives and growth.
Local Governments Expand Special Bond Use Local governments can now leverage special bonds for a wider range of projects, including non-revenue generating initiatives and infrastructure not restricted by policy.