Paul Burton

Delays to pivotal transactions in the Harrisburg Strong plan could force Pennsylvania’s capital city to miss payroll as soon as December, an attorney told the City Council.

Rhode Island's new municipal road and bridge revolving fund generated applications from 13 municipalities requesting $29 million, Treasurer Gina Raimondo announced.

Moody's revised its outlook on Allentown, Pa., to stable from negative and affirmed its A3 rating, citing a water system lease deal that plugged a pension gap.

Deborah Spalding will take over Nov. 1 as deputy chief investment officer of pension fund management for Connecticut, state Treasurer Denise Nappier announced.

Las Vegas-style casinos would provide New York state's economy a badly needed boost, two upstate lawmakers said ahead of a looming referendum.

Pennsylvania will sell $750 million in GO bonds under the glare of rating agencies concerned about the state's unfunded pension liability.

Rhode Island General Treasurer Gina Raimondo came out swinging after a union-backed forensic report called on federal securities regulators to investigate her management of $7 billion in pension funds.

Standard & Poor’s on Oct. 17 raised its rating on New York City’s fiscal 2006 subseries H-1 and H-2 variable-rate demand bonds to AA/A-1 from BBB/A-2.

“A sinister pall of secrecy” surrounds Rhode Island’s pension system and has enabled hedge fund managers to keep the state in the dark about how its assets are being invested, according to a forensic report.

Pennsylvania Gov, Tom Corbett has directed the release of $45 million in one-time state funds for use by Philadelphia's teetering school district -- the state's largest --for the upcoming school year.

The New York City Industrial Development Agency approved a $328 million tax exemption for Related Cos. for its Hudson Yards development on Manhattan's West Side.

The New York City Transitional Finance Authority will kick off $1.2 billion of new money bond sales with a $650 million issuance on Oct. 23.

Standard & Poor's revised its outlook on Brooklyn Law School bonds to negative, and warned that law school enrollment could continue to decline nationwide.

Transit historian Peter Derrick says that whatever the cost, unifying New York City's regional commuter rail systems would pay economic dividends.

Moody's Investors Service handed New Haven, Conn., its second downgrade in four months, dropping its GO bonds to A3 from A2, affecting about $510 million of debt.

Standard & Poor's raised its rating on Bridgeport, Conn.'s GO bonds to A from A-minus, citing adequate budgeting and strong liquidity.

The transactions related to Harrisburg, Pa.'s financial recovery plan must close by the end of November, Mayor Linda Thompson said Friday.

Rhode Island's Ethics Commission has ruled that Richard Licht, the director of the state's department of administration, is free to pursue a judgeship.

Distressed Harrisburg, Pa., is launching a planning initiative as part of its financial recovery plan, Mayor Linda Thompson announced.

Republican John Burnett exchanged barbs with Democrat Scott Stringer in a televised debate in the open race for New York City comptroller.