Pennsylvania

The Internal Revenue Service told Woodland Hills School District in Allegheny County, Pa. that bonds it issued in 2005 and advance refunded in 2013 may violate tax requirements and be taxable.

Luzerne County, Pa., is looking for a lender after it got judicial signoff on $20 million in emergency borrowing to avoid a shutdown.

Philadelphia International Airport CEO Mark Gale is retiring after six years running the nation’s 12th busiest airport.

Seven U.S. cities intend to dedicate 10% of their annual budgets toward resilience strategies under a worldwide program designed to fortify urban centers.

Regardless of how or when Pennsylvania settles its budget impasse, pension underfunding will probably linger, said one actuarial expert.

The Philadelphia Council has advanced plans for a new privately financed $450 million resort casino in the city’s stadium district estimated to generate $100 million in new tax revenue over the next five years.

Unrated Scranton, Pa., is taking steps to regain the good graces of the capital markets, said its mayor and business administrator.

The Southeastern Pennsylvania Transportation Authority has opened its first new regional station in nearly 20 years as part of a public private partnership.

Citigroup municipal strategist George Friedlander is delivering a presentation about how evolving technology is impacting the public finance industry at the Nov. 19 meeting of the Philadelphia Area Municipal Analyst Society (PhAMAS).

Pennsylvania's prolonged budget impasse is a credit negative for school districts and community colleges that rely on state-aid distributions, said Moody's.