U.S. Fiscal Risk Digest

Two recent state audits expose weak monitoring of taxpayer dollars, leaving residents on the hook for losses.

• Connecticut: An independent review...

A CNMI retiree has petitioned federal court to resolve contradictions between the 2013 consent decree's 75% payment structure and constitutional...

Breckinridge County needed $188,000 to cover previously approved sheriff salary increases.

Magistrates transferred the full amount from four...

School districts and public universities are both confronting structural deficits driven by healthcare costs, compensation hikes, inflation, and...

NYC public pension funds are moving from passive asset holders to active financiers of local housing policy with a record $300M commitment to the...

Pension funds managing over £1tn came within hours of negative net asset value and forced wind-ups after the mini-budget triggered a self-reinforcing...

The $46 million Jones Library project has collected just $2.38 million in actual community donations (5% of costs) as of April 2025, with over $2.5...

With U.S. debt topping $40 trillion and 30-year Treasury yields exceeding 5.3%, House Budget Committee leaders are advancing a bipartisan fiscal...

Retirees born on or after the 21st of a month receive their September payments on Wednesday, Sept. 23.

Recurring shortfalls are shifting from projections into immediate workforce and operational reductions.

• LA Superior Court rolls out $35K buyouts to...

Unexplained changes in Oklahoma County's budget figures and fund balances from January 2025 onward have prompted a state investigative audit, turning routine bookkeeping issues into a governance and fiscal-confidence crisis.

Tallahassee taxpayers risk footing a disproportionate share of roads, schools, parks, and EMS costs from higher-density projects like the Welaunee...

Oregon faces a $4.8 billion deferred maintenance liability for highways and bridges, ranking second-highest in gap-to-expenditure ratio nationwide....

Local governments are quietly scaling interfund advances and county loans to cover cash shortfalls from delayed grants and property taxes.

• Red Hook...

New York City prepaid $1.959 billion in debt service during Q4 FY2026—$800 million in General Obligation bonds and $1.159 billion in Transitional Finance Authority obligations—highlighting proactive liquidity management and fiscal resilience.

Seventy-two percent of state and local public employees received no increase from the 2025 repeal of WEP and GPO, since their jobs already paid Social...

The September stopgap law funds agencies through December 11 but freezes spending at prior-year levels, simply moving the full-year appropriations...

Bank of America strategists warn markets are underpricing further Fed hikes, with two-year Treasury yields seen reaching 5% this year and a target of...

Despite national vacancy easing to 17.8%, office CMBS delinquencies reached 12% with $289 billion in loans maturing soon. High-vacancy markets alone confront $61.6 billion of that wall.

• UMaine cuts staffing after operating costs exceed recurring revenue sources.
• Shawnee County draws $1M reserves for 2027 amid wage hikes and health...