Paul Burton

New York City failed to collect nearly $60 million in revenue over six years thanks to improper tax breaks to dead people and corporations, said Comptroller Scott Stringer.

New York MTA's plans for new fare-payment systems spotlight how an agency tries to juggle longstanding problems with challenges of tomorrow.

The New York City Transitional Finance Authority intends to sell $1.05 billion of future tax-secured subordinate bonds in July.

Massachusetts lawmakers send Gov. Charlie Baker a $39.1 billion budget amid ever-widening revenue gap projections.

Pennsylvania's legislature sent Gov. Tom Wolf a $31.5B on-time budget. All that's needed is $1.2 billion to balance it.

Working against deeper budget deficit estimates, Massachusetts House and Senate leaders are negotiating a budget for the new fiscal year that will start Friday.

Pennsylvania's House of Representatives on Tuesday night passed a $31.6 billion budget bill as the deadline hovers for a new fiscal year.

The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13.

Market turmoil following the Brexit vote emphasizes the need for diversification of pension funds, said New York City Comptroller Scott Stringer.

A transfer from Connecticut's rainy-day fund to cover a projected $316 million fiscal 2016 budget gap would be a credit negative, Moody's said.

Massachusetts intends to sell about $900 million of bonds as its top lawmakers work on a budget deal that reflects a larger-than-expected revenue shortfall projection.

The board of New York’s Metropolitan Transportation Authority on Wednesday authorized a bond offering to monetize a portion of the 99-year lease payments from Hudson Rail Yards commercial and residential development.

Five new members, including two appointed by New York Mayor Bill de Blasio, have joined the New York MTA board.

Rhode Island Treasurer Seth Magaziner chose Francis Quinn as the state's first debt manager, and Tim Nguyen as the state pension system's interim chief investment officer.

Rhode Island lawmakers passed an $8.9 billion fiscal 2017 state budget during a weekend all-nighter.

Moody's placed Yankee Stadium's Baa3 rating under review for upgrade, affecting roughly $1.26 billion of debt outstanding.

As Pennsylvania weighs moving new state hires into a hybrid plan partly based on 401(k)-style defined contributions, critics say it still leaves a massive unfunded liability untouched.

The $82.1 billion budget New York City adopted for fiscal 2017 is a slight credit positive for the next two years, says S&P Global Ratings.

A former vice president at Bryn Mawr Trust Co. is asking several federal and state agencies to investigate the Pennsylvania bank for possible fraud.

Moody's upgraded the rating of the Mets' Citi Field bonds out of junk to Baa3 from Ba1, citing the team's World Series appearance last year.