Pennsylvania

Pennsylvania Gov. Tom Wolf and lawmakers say a budget outline is in place, though many variables linger in the commonwealth's five-month budget impasse.

Citing a state budget impasse in its fifth month, Moody's downgraded Pennsylvania's pre-default intercept programs for school districts to A3 from A2.

Pennsylvania Gov. Tom Wolf offered support for the Philadelphia Regional Port Authority’s planned development of the Southport Marine Terminal Complex during a visit Wednesday to the 196-acre site.

Fitch Ratings downgraded three series of bonds issued by the Berks County Municipal Authority, Pa. on behalf of Reading Hospital and Medical Center Project to A-plus.

With no state money flowing in due to a four-month long Pennsylvania budget battle, the Philadelphia School Reform Commission has approved new borrowing for the city's schools.

Philadelphia’s tax revenues are up $27 million over initial projections for the 2016 fiscal year, according to City Controller Alan Butkovitz.

Illinois local governments, especially school districts, are faring better than their Pennsylvania counterparts during their respective state’s budget impasse, Moody’s Investors Service says.

The Philadelphia Regional Port Authority sees big economic potential for its plans to develop a 194-acre site at the tip of the Philadelphia Navy Yard.

The National Federation of Municipal Analysts approved the Philadelphia Area Municipal Analyst Society as its seventh charter society.

Pennsylvania Auditor Eugene DePasquale says the Harrisburg School District’s cafeteria is giving him heartburn, and it’s not about the food.