Colorado forecast warns of shrinking labor force and weakening housing market
A June forecast from Colorado’s Legislative Council reports a 1.5% year-over-year decline in the labor force and a more than 7% drop in average single-family home prices.
State Revenue
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Virginia reports preliminary $936 million general-fund surplus for fiscal 2026
Gov. Abigail Spanberger announced a preliminary $936 million surplus above Virginia’s fiscal 2026 general-fund forecast. No Spencer-specific allocation has been identified.
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Nebraska’s projected budget deficit reaches $223 million after another weak month of tax receipts
Nebraska’s net General Fund receipts finished fiscal 2025-26 $228.996 million below forecast after four straight monthly misses, reopening a current budget gap as agencies prepare new requests.
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West Virginia reports $370 million revenue surplus for fiscal year 2026
West Virginia’s General Revenue Fund collected $5.693 billion in fiscal year 2026, exceeding the initial estimate by $370 million, according to Gov. Patrick Morrisey’s office.
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Alaska LNG tax talks return to Juneau without a new bill
Alaska lawmakers returned for a third LNG special session, but no replacement tax bill was ready after HB 381 failed in a 19-19 House vote.