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Rating agency cited built up reserves as a key to the city's "better financial footing."
By George YacikMarch 27 -
A new tax on corporations would create a dedicated revenue stream for commuter rail and bus operator NJ Transit under New Jersey Gov. Phil Murphy's budget plan.
By George YacikFebruary 28 -
Maura Healey's budget plan for fiscal 2025 features more money for the Commonwealth Transportation Fund, which would increase its bond capacity by $1.1 billion.
By George YacikFebruary 13 -
The city is looking for "a diverse group of qualified firms with varied strengths and market advantages" to "provide the most cost-effective distribution."
By George YacikJanuary 31 -
Gov. Phil Murphy signed a bill amending the state's Local Bond Law to extend the period of usefulness of new emergency equipment from 10 years to 20 years.
By George YacikJanuary 17 -
The Massachusetts Municipal Wholesale Electric Company deal, self-designated as green, will finance a soon-to-open 6.9 megawatt, 35-acre solar power project.
By George YacikJanuary 10 -
The rebound in the cruise industry, which has now more than recovered all the ground it lost during the pandemic, lifted the Canaveral Port Authority's rating.
By George YacikDecember 19 -
The city has made some important progress on the expenditure side, but the new mayor's first budget didn't make similar strides on revenues, according to Fitch.
By George YacikNovember 28 -
St. Louis County Council approved $155 million in tax breaks for the company and the state added $37.7 million to the pot.
By George YacikNovember 21 -
The Tidewater Landing project, situated on both sides of the city's waterfront, is said to be the largest development project in Pawtucket's history.
By George YacikOctober 27