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The consent decree that New York City has signed with federal prosecutors over problems at the Housing Authority will not have a negative impact on the $89.15 billion Fiscal 2019 budget.

After nearly 18 years as portfolio manager and director of fixed income, Mousseau is tapped as president and CEO of Cumberland Advisors

The new plan keeps property taxes flat and shows the city's continued progress in righting its fiscal ship, according to a state governing body.

Democrat Zach Conine, a Las Vegas businessman, will face Republican Bob Beers in the open-seat state treasurer’s race.

The spending plan heads to Gov. Rick Snyder for his expected signature.

City officials repealed the tax saying they feared they would lose at the ballot.

Municipal bonds turned weaker after the Federal Reserve raised interest rates.

The April-approved fiscal plan had said just 39% of senior and senior subordinate bond debt would be paid in the next fiscal year.

A nonprofit overseen by the Seattle-based Public Facilities Group will sell the bonds.

The second Illinois municipality stung by new state pension intercept rules has settled with its firefighters' fund.