Paul Burton

York, Pa., and its police union saved nearly $10 million in projected pension costs and helped improve the stability of its pension fund, said Pennsylvania Auditor General Eugene DePasquale.

Pennsylvania Treasurer Timothy Reese launched a $100 million initiative that he said would provide a competitive rate of return while supporting affordable housing.

New York earned a second straight D-plus for procurement spending on minority and women-owned businesses, said city Comptroller Scott Stringer.

Revenue constraints from a limit on tax levy growth is a credit negative for several Massachusetts localities, according to Moody's Investors Service.

The board of New York’s MTA approved measures intended to advance open-road electronic tolling at the authority’s crossings.

Luke Bronin ran for Hartford mayor because he didn’t like what he saw in Connecticut’s capital city. What he found in office was even worse, but Bronin says he can turn the city around with state and regional help.

Rhode Island's investment panel voted to terminate its investment in seven hedge funds, following Treasurer Seth Magaziner's initiative to minimize risk.

The opening of New York's Second Avenue subway line by year's end remains an open question, said an independent engineer.

New York MTA’s derivatives program reduces budget risk through interest-rate and fuel-hedging strategies, said finance director Patrick McCoy.

Rhode Island's pension system returned more than $45 million for September, state General Treasurer Seth Magaziner said.

Navigating the regulatory minefield is one of the biggest challenges facing the Mid-Atlantic muni market, officials from underwriting firms said at a Bond Buyer conference in Philadelphia.

Rhode Island is working on a debt affordability study that will include bonded debt as well as pension and OPEB liabilities, said Treasuer Seth Magaziner.

Bonds that funded the stalled minor-league baseball stadium in Hartford, Conn., could appeal to investors with appetite for risk, said Richard Larkin of Stoever Glass.

The second bond-rating upgrade in 10 months for New Britain, Conn., is further proof the city is moving in the right direction, said Mayor Erin Stewart.

Underperforming pension systems and limited state flexibility are pressuring Massachusetts municipalities, said S&P.

Construction resumed on a minor-league baseball stadium in Hartford, Conn., after city officials finalized an agreement for surety provider Arch Insurance to finish the project.

State budget troubles provided the backdrop as Connecticut sold $650 million in general obligation bonds and GO green bonds.

Massachusetts Treasurer Deborah Goldberg has banned Wells Fargo from its list of approved underwriters for one year, citing the fake-accounts scandal,

Education is potentially the most important public service to suffer from the $1.7 trillion pension funding crisis, said a Manhattan Institute report.

Pittsburgh is poised to leave state fiscal oversight by 2019, said Mayor Bill Peduto.