Spending Up, Revenue Down: States’ Finance Outlook ‘Bleak’ (3)

State finances had been in fair health going into the health crisis, a think tank’s analysis found, but the outlook now is dire. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Friday’s coverage click here. Here’s a state-by-state roadmap.

State tax collections fell 1.3% in March from the same month a year earlier, according to data collected by the Urban Institute, but the outlook for the coming months is poor.

Most states had been enjoying a healthy upswing until Covid-19 hit, with 43 reporting total tax growth during ...