Paul Burton

Sound fiscal practices are vital for Pennsylvania's distressed cities, regardless of how long they stay in the state-sponsored Act 47 workout program, analysts say. A new law will limit cities' stay in Act 47.

A parkland project is proposed for New York City's Queens borough that would involve converting 3.5 miles of abandoned elevated railroad track.

Metro-North Railroad completed construction of a $5.7 million bridge in New Hamburg, N.Y.

The Connecticut Housing Finance Authority plans its fourth issuance of the calendar year, a $158 million sale of housing mortgage finance program bonds.

Raising the state gas tax and tolling East River and other bridges could help New York's MTA fill a gap of at least $15.2 billion, said former chairman Richard Ravitch.

Hartford Treasurer Adam Cloud said two negative bond-rating actions already this month could serve as wakeup calls in Connecticut's capital.

State Auditor General Eugene DePasquale and six central Pennsylvania mayors will discuss local finances in an Oct. 27 roundtable discussion in Harrisburg.

Former New York Lieutenant Gov. Richard Ravitch will speak at the New York Transit Museum in downtown Brooklyn. N.Y., on Oct. 9.

After Moody's revised Rhode Island's outlook to stable from negative, Gov. Lincoln Chafee said the state is headed in the right direction.

Moody's Investors Service late Monday revised its outlook on Rhode Island to stable from negative and affirmed its Aa2 general obligation rating.

Natalie Sage Wagner as will serve as Connecticut's undersecretary for legal affairs effective Oct. 17, state budget secretary Ben Barnes announced.

The $15 billion gap in New York MTA's proposed four-year capital plan, recently vetoed by a state review board, has cast a pall over the transit agency's plans.

Housing policies have reached turning points in New York City and Philadelphia, but for different reasons — New York has an affordability problem, while Philadelphia has a quality problem, some experts say.

The appointment of Michael Dardia as Citizens Budget Commission co-research director will enhance its research capacity, CBC officials say.

More than two-thirds of New York City agencies earned D or F on Comptroller Scott Stringer's report card of procurement through minority and women-owned businesses.

New York City Transit's station repair program is progressing too slowly, said a report from State Comptroller Thomas DiNapoli.

A lease the Pennsylvania government signed for the Harrisburg Redevelopment Authority's 12-story Verizon Tower doesn't generate the revenue needed to prevent a default by the city on its debt-service guarantee for the project, said Moody's.

A Lackawanna County Court ruled that Scranton, Pa., overstepped in assessing a commuter tax on nonresidents.

Resiliency expert Alan Rubin urged New York City Mayor Bill de Blasio and Comptroller Scott Stringer to collaborate on environmental initiatives, including green bonds.

The city treasury of Harrisburg, Pa., is free of security breaches, its interim treasurer said, after an investigation that followed his predecessor's arrest for theft from two local nonprofits.