Paul Burton

David Friedfel, the former commissioner of management and budget for Albany County, N.Y., is the new director of state studies at the Citizens Budget Commission watchdog organization.

Winning the second annual Jim Lebenthal Infrastructure Champion Award is special for Dale Horowitz, who bonded with Lebenthal during their long municipal finance careers.

Gov. Andrew Cuomo announced a tech modernization program for the MTA, including expanded Wi-Fi hotspots, accelerating mobile payments and ticketing to replace the MetroCard.

Book author and state Representative John McGinnis says Pennsylvania lawmakers have it backwards when they treat pension bills as mere budgetary bargaining chips.

Moody's Investors Service upgraded UMass Memorial Health Care revenue bonds out of junk to Baa3 from Ba1, affecting $265 million of rated debt.

Calling for a massive overhaul of New York’s Penn Station was easy for Gov. Andrew Cuomo. Now come the questions.

In the latest twist to Pennsylvania's budget crisis, state Treasurer Timothy Reese extended a $2 billion line of credit to the commonwealth to prop up its its general fund balance.

Gov. Andrew Cuomo revived long-delayed plans to overhaul New York’s Pennsylvania Station, saying “big problems require big solutions.”

Pennsylvania phased out its 172-year-old capital stock and foreign franchise tax, with Gov. Tom Wolf calling it “an unfair tax on business” that he was committed to eliminating.

State Treasurer Seth Magaziner and revenue official Paul Dion will discuss tax credit programs before Rhode Island’s House Oversight Committee in its latest 38 Studios-related hearing.

Pennsylvania’s school districts, counties and human services organizations are in store to receive delayed payments the state Treasury completed sending out nearly $3.3 billion.

Pennsylvania Gov. Tom Wolf’s release of emergency school funds through a partial budget signing is a positive for the commonwealth’s school districts, says Moody’s.

New York City Comptroller Scott Stringer announced two policies to modernize procurement processes for vendors.

Scranton, Pa., made a full, on-time payment to its pension system in what local officials consider another step to restoring credit-worthiness.

Early projections of diminished revenues at Plainridge Park Casino say little about the industry’s long-term viability in Massachusetts, said gaming chief Stephen Crosby.

Agreement on $29 billion in capital funding for the MTA was the best moment of the year for New York City transit riders, said the Straphangers Campaign group.

Pennsylvania still lacks a complete budget despite sighs of relief from school districts that will receive catch-up funding.

Over the past 10 years, New York City's overtime spending has increased from $928 million to $1.7 billion, according to the Independent Budget Office watchdog organization.

Gov. Tom Wolf's six-month emergency funding provision for Pennsylvania's school districts is good news for the bond markets, said a municipal credit analyst.

Just how far Connecticut Gov. Dannel Malloy can advance his transportation agenda is uncertain, given the state's budget strains, high debt, and pension liability woes.