Paul Burton

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.

A New York subway line delayed over 100 years is about to open "on time" when Second Ave. Subway service begins on New Year's Day.

Folding its $1.6 billion retirement fund into the state pension system is essential to the future of the Massachusetts Bay Transportation Authority, said a Pioneer Institute report.

Gov. Andrew Cuomo's ceremony to tour a new Second Avenue subway line drew an overflow crowd to the station's mezzanine. So much for alleviating congestion.

Multiple early initiatives will crowd Donald Trump's administration, Citi VP and former White House advisor Candi Wolff told Massachusetts investors.

Hartford, Conn.'s four-year contract firefighters will save the teetering city millions, said Mayor Luke Bronin.

New York City projects a $439 million surplus in fiscal 2017, according to state Comptroller Thomas DiNapoli.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Risks to New York's budget could trigger outyear gaps exceeding $3 billion in fiscal 2018 through 2020, said city Comptroller Scott Stringer.

Connecticut's pension commission OK'd a deal between Gov. Dannel Malloy and a bargaining coalition that lowered the state pension system's assumed rate of return from 8% to 6.9%.

Fiscal management will be critical for New York City amid uncertainty in Washington, Mayor Bill de Blasio's budget chief, Dean Fuleihan, told City Council members.