Moody's Talks - Muniland

US state tax revenue growth will slow, ESG exposure remains for state, local governments

Episode Summary

Marcia Van Wagner of the US Public Finance team discusses reasons behind the falloff in soaring state tax revenue growth, including expired federal pandemic aid and interest rates. Plus, Jennifer Chang, Adebola Kushimo and Coley Anderson weigh in on environmental, social and governance (ESG) issues facing state and local governments and delve into our new simplified way of communicating ESG risks.

Episode Notes

Marcia Van Wagner of the US Public Finance team discusses reasons behind the falloff in soaring state tax revenue growth, including expired federal pandemic aid and interest rates. Plus, Jennifer Chang, Adebola Kushimo and Coley Anderson weigh in on environmental, social and governance (ESG) issues facing state and local governments and delve into our new simplified way of communicating ESG risks.    

Related content on Moodys.com (some content only available to registered users or subscribers): 

• States – US: Surge in tax revenue will moderate as pandemic effects evolve
• State Government – US: ESG considerations have mostly neutral to low credit impact on US states
• Local Government – US: ESG considerations have neutral to low credit impact on most large US cities
• Local Government – US: ESG considerations have neutral to low credit impact on most large US counties