Paul Burton

Amid ‘deep uncertainty’ in Washington, New York Mayor Bill de Blasio released his $84.7 billion fiscal 2018 preliminary budget.

New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.

Connecticut's agreement with labor unions to change various pension funding assumptions has a mildly positive credit effect on the state, said S&P.

New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.

Stephen Reed, Harrisburg, Pa., mayor from 1982 to 2009, pleaded guilty to stealing city-purchased artifacts.

Massachusetts Gov. Charlie Baker's budget will include $91 million in additional Chapter 70 education funding to municipalities and $40 million extra in unrestricted local aid.

Rhode Island Gov. Gina Raimondo proposed a $9.3 billion budget that calls for two years of free tuition at public colleges for in-state students.

The New York City Council approved a bill that requires the watchdog Independent Budget Office to review city-issued economic development tax breaks.

Capital Hartford is veering out of control toward bankruptcy and needs help from a state already wobbly, said a Manhattan Institute report on Connecticut’s poorest cities.

The MTA’s tentative deal with New York transit employees provides some certainty while ignoring spiraling health-care and pension costs untouched, say muni bond observers.

Green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas.

Pennsylvania has transferred and consolidated three investment funds worth a combined $2.3 billion to reduce its fee payout to Wall Street managers.

So-called intervention bankruptcy – combining federal and state resources – could help governments manage municipal insolvency, said a Manhattan Institute report.

The New York City Industrial Development Agency approved $195 million in tax breaks for Related Cos. and Oxford Properties for their planned Hudson Yards office tower.

The Massachusetts Bay Transportation Authority's fiscal oversight board approved a five-year, $28 million warehouse privatization contract with Management Consulting Inc.

The New York City Department of Housing Preservation and Development is looking for qualified groups to form a community land trust.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

Connecticut must enact pension system overhaul that balances fiscal responsibility and retirees’ needs, Gov. Dannel Malloy said in his State of the State speech.

Tom Prendergast departs as New York MTA chief on a high note as Second Avenue subway line opened. His successor will face numerous challenges.

The University of Pittsburgh intends to sell roughly $525 million of Series 2017A taxable university refunding bonds.