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Pittsburgh-based Robert Morris University was downgraded by Moody's Ratings. The private university is part of a growing list of smaller higher education institutions, particularly in the Northeast, that are facing increasing financial pressures as the pool of potential students shrinks.
March 11 -
Boston is more dependent on property taxes from commercial real estate, and property taxes in general, than most of its large-city peers.
March 4 -
Josh Shapiro proposed sweeping changes to Pennsylvania's K-12 and higher education systems and $500 million of borrowing for his economic development plan.
February 12 -
Josh Shapiro said his 10-year program is Pennsylvania's first coordinated economic development plan in nearly two decades.
February 5 -
The Vermont state auditor questioned the city of Burlington's use of premium bonds in a tax increment finance district deal.
January 29 -
Hochul's budget proposal for fiscal 2025 would preserve New York State's reserves at $19 billion.
January 22 -
Bonds issued through the Westchester County Local Development Corp. will create a centralized base for the nonprofit's blood distribution and lab operations.
January 16 -
The $250 million of new money social bonds will finance public school construction projects, with another $190 million refunding debt issued to build schools.
December 15 -
The City Colleges of Chicago is planning to issue $201 million in unlimited tax GO refunding bonds, bolstered by an upgrade and a new positive rating outlook.
December 4 -
The upgrade brings Illinois up to the A-minus level across the board. The state had three BBB-minus or equivalent ratings as recently as July 2021.
November 7