Pennsylvania

On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.

Saint Francis University in Pennsylvania, also grappling with the stresses facing many smaller schools, downscaled its sports program to NCAA Division III.

Pennsylvania and New Jersey built up historically strong reserves. Unwilling to raise taxes, their governors want to tap these funds.

The HOME deal is being priced through the Philadelphia Redevelopment Authority, but carries ratings on par with the city's issuer ratings.

As fuel prices ratchet up due to the Iran war, two states are already exploring suspending their fuel tax which would take a bite out of tax revenue and possibly lead to future bond sales.

Philadelphia-based Elizabeth Preate Havey brings deep Pennsylvania connections to Dilworth Paxson's public finance practice.

Downgrades of three private universities in the Northeast reflect enrollment pressures facing the higher education sector, particularly in that region.

The cash-strapped city of Chester had been hoping the water authority sale would be its route out of bankruptcy.

States and cities in the Northeast will have to balance economic challenges and federal cuts driven by the Trump administration and congressional GOP.

Both Janney and Huntington are among the top 30 underwriters in the muni market and are neck in neck.

The rating agency lowered the outlook to stable on its A-plus rating, saying Pennsylvania didn't do itself many favors in its fiscal 2026 budget season. 

The long-awaited budget closely resembles the governor's original proposal, pared down by just over $1 billion.

Pennsylvania's budget impasse has surpassed four months. Local governments and schools that rely on state funds are getting frustrated.

The Southeast Pennsylvania Transportation Authority is facing federal deadlines after a series of fires. 

The Pennsylvania healthcare system is touting plans to grow its network as it funds an expansion for its largest hospital, in York.

The Pennsylvania government is still kicking the can down the road on public transit funding. This time, it's using capital funds to plug operating gaps. 

The state government is holding back school aid while it waits for lawmakers to pass a budget. That's hurting some schools more than others. 

A injunction blocked the service cuts that would have balanced SEPTA's budget. 

Philadelphia's economy has been growing. But deep cuts Pennsylvania may impose on the regional public transportion system could have serious negative impacts.

The Southeast Pennsylvania Transportation Authority implemented drastic cuts and warned that more cuts and fare hikes are on the way without state funding.