Paul Burton

New York Mayor Bill de Blasio's executive budget reflects a sound city economy, analysts said after he unveiled his proposed $78.3 billion spending plan for fiscal 2016.

As construction crews work on a $56 million minor-league baseball stadium north of downtown Hartford, Conn., state lawmakers joust over its financing.

New York Mayor Bill de Blasio proposed a $78.3 billion budget for fiscal 2016, balancing themes of income equality and fiscal health.

New York City’s economy avoided the first-quarter stall that has the national economy in four of the past six years, said Comptroller Scott Stringer.

Colwyn is the 29th municipality to enroll in Pennsylvania’s distressed communities workout program known commonly as Act 47.

A New York City Council panel approved zoning changes necessary to advance a 67-story office tower development with enhanced access to Grand Central.

MTA Chief Thomas Prendergast wants New York City to contribute $300 million to the agency’s capital plan and $1 billion further for the Second Avenue line.

The chairman of the Metropolitan Transportation Authority wants New York City to ramp up its contribution to the transit agency.

The New York City Pension Funds have taken steps to formally consider diversity in manager evaluation and selection, Comptroller Scott Stringer said.

Pension obligation bonds are land mines municipal issuers should avoid, according to Janney Capital Markets.

The Massachusetts Pension Reserves Investment Management board has received an award for financial reporting excellence from the Government Finance Officers Association for the 10th straight year.

The design for a new Walk Railroad Bridge in Norwalk remains on schedule, said Connecticut Gov. Dannel Malloy and state transportation Commissioner James Redeker.

Massachusetts Gov. Charlie Baker halted the expansion of the Boston Convention and Exhibition Center, questioning whether the project's economic impact could justify the state taking on an additional $1 billion in debt.

New York’s MTA board approved a ban on political advertising after some contentious debate and an adverse ruling in federal court.

Connecticut Gov. Dannel Malloy continued his push for a 30-year, $100 billion transportation infrastructure spending package.

Rhode Island Gov. Gina Raimondo throws a little chin music at the new owners of the Pawtucket Red Sox, who want to build a ballpark in downtown Providence.

Variable rate debt represents 8% of the bond portfolio of New York's Metropolitan Transportation Authority — well below its 25% threshold, said finance manager Patrick McCoy.

A $967 million federal loan for commuter rail safety technology represents "a very favorable position for the MTA," said finance manager Patrick McCoy.

New York’s MTA may have to raise fares by as much as 15% if its proposed capital plan falls short, according to chief financial officer Robert Foran.

Harrisburg, Pa., has settled with its former attorney, Mark Schwartz, agreeing to pay him $80,000.