Paul Burton

Standard & Poor’s, citing Pennsylvania’s budget impasse, placed all school district and community college ratings based on the state aid intercept program on credit watch negative.

Immediate threats to Pennsylvania bondholders are minimal despite a two-month state budget stalemate, said Moody’s Investors Service.

Prospects for bringing all New York subway stations to a state of good repair are dim even if the MTA gets full capital funding, said a watchdog organization.

Rhode Island ended fiscal 2015 with a $166.4 million general fund surplus, Gov. Gina Raimondo announced.

Solutions to the public pension funding crisis go beyond numbers crunching, said Manhattan Institute pension expert Daniel DiSalvo.

A state judge has effectively pulled back the curtain that has long shrouded the controversial 38 Studios loan guarantee. And Rhode Island is waiting.

Pennsylvania Auditor Eugene DePasquale will audit Allentown's school district for possible violations of sunshine and ethics laws.

New York City paid out $495 million in settlements and judgments in fiscal 2013 and a further $550.3 million in 2014, said city Comptroller Scott Stringer.

A Rhode Island judge ordered the release of all documents in the state's lawsuit over the failure of 38 Studios, the video game owned by former Boston Red Sox pitcher Curt Schilling.

The legal battles over funding for the distressed Chester Upland, Pa., School District's charter schools have triggered debate over investor risk.

Workers began installing the first sections of rail on the Long Island Rail Road's $388 million Double Track Project, funded in the MTA capital plans.

Andrew Roos, Rhode Island Treasury chief of staff the past 2-1/2 years, will leave for the private sector with Jeff Padwa the interim replacement.

The reconstruction New York's LaGuardia Airport could trigger more public-private partnerships including the proposed air-train connector, P3 experts say.

Livery-service tax overhaul could help fill the $2.6 billion gap in New York MTA's proposed capital plan, said the Citizens Budget Commission.

Pennsylvania's budget impasse continues after the legislature failed to override Gov. Tom Wolf's veto of the $30 billion fiscal 2016 spending plan.

The New York Power Authority finished $2.1 million in energy efficiency upgrades at the MTA's Metro-North Railroad North White Plains Train Yard.

Nanticoke is the first city and 10th municipality to exit Pennsylvania's Act 47 workout program for distressed communities, state officials say.

A $1 billion funding gap could jeopardize completion of the Green Line streetcar extension north of Boston, Massachusetts transportation officials say.

The political bickering that litters the New York-area transportation funding landscape raises doubts about big projects such as the LaGuardian Airport renovation and Hudson River train tunnels.

Gov. Tom Wolf and legislative leaders resumed negotiations Thursday that could break a seven-week stalemate over Pennsylvania's proposed $30 billion fiscal 2016 budget.