Paul Burton

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.

In the latest bizarre turn to Pennsylvania's budget drama, the Senate sends Gov. Tom Wolf a trimmer, House-favored $30.3 billion spending plan.

Pennsylvania’s House, after an afternoon of parliamentary back-and-forth, moved toward a vote on the full $30.8 billion budget framework on which Gov. Tom Wolf and Senate leaders agreed.

Standard & Poor's revised its outlook to stable from positive for Wilkes-Barre, Pa.’s GO bonds, citing weaker liquidity.

New York City will end the fiscal year with a $963 million surplus, or $828 million more than Mayor Bill de Blasio's estimate, said the watchdog Independent Budget Office.

The Connecticut Housing Finance Authority issued more than $400 million of bonds in 2015, including a $30 million sale in December backed by strong retail demand.

An emphatic weekend rejection of a pension-overhaul bill seen as pivotal to a budget compromise sent Pennsylvania's legislative leaders scurrying again.

Pennsylvania House Republican leaders told Gov. Tom Wolf they would push his budgetary tax package to the floor if he can show he has a majority of votes.

New York MTA approves its $15 billion operating budget in a warmup act for another capital program battle with Albany.

New York City Comptroller Scott Stringer’s latest call for change in the city’s $163 billion pension-fund system is for divestiture from coal.

Connecticut should phase in a reduction of its investment return assumption from 8% to 7% to conform “more realistically” to capital markets expectations, said state Treasurer Denise Nappier.