-
Buffalo, N.Y., is facing dangerous financial waters ahead with a rapidly declining fund balance, according to the city’s fiscal watchdog.
By Andrew Coen-December 13 -
Atlantic City's declining gambling market that contributed to a near default on city finances last year is poised for a slight comeback with the shuttered Revel Casino Hotel slated to reopen next year under new ownership.
By Andrew Coen-December 12 -
Mismanagement at the Philadelphia Parking Authority cost the city’s school district nearly $78 million over the past five years, according to the state auditor.
By Andrew Coen-December 11 -
The Philadelphia School District’s planned transition back to local control after 16 years of state control could add credit pressure the city’s 13 charter schools, according to S&P Global Ratings.
By Andrew Coen-December 8 -
With a $2.4 billion modernization of Newark Liberty International Airport already taking flight, an urban planning group wants the airport to spread its wings further with a large-scale infrastructure project.
By Andrew Coen-December 8 -
New Jersey Gov. Chris Christie urged his successor to reduce health benefits for public employees as a way to fund the state’s underfunded pension system.
By Andrew Coen-December 7 -
With the fate of private activity bonds in flux, D.C.'s Housing Finance Agency is forging ahead with plans for its largest offering by the end of the year.
By Andrew Coen-December 6 -
New Jersey is cutting salaries for Atlantic City firefighters after a court limited staff reductions under the state’s Municipal Stabilization and Recovery Act.
By Andrew Coen-December 5 -
The fiscal control board is ordering nearly $18 million in cuts to all departments citing revenue uncertainty in the $2.99 billion budget.
By Andrew Coen-December 4 -
A state fiscal monitoring board will consider for the first time in its 17-year history imposing spending cuts to the county’s budget.
By Andrew Coen-November 30