Pennsylvania

To no surprise in the bond markets, teetering Harrisburg, Pa., will miss $5.2 million worth of payments on general obligation bonds and notes due March 15.

Pennsylvania Education Secretary Ron Tomalis expects to act by Tuesday on a request to delay a financial recovery proposal for Harrisburg's school district.

Moody's put the Ba2 rating of Good Samaritan Hospital under review, a week after Standard & Poor's downgraded the Lebanon, Pa., system three notches to B-plus.

Democrat and former city community development director Joseph Caramone joined the open-seat race for mayor in distressed Scranton, Pa.

Although controversy surrounds Pittsburgh Mayor Luke Ravenstahl, bond and financial analysts praise him for helping guide the city to financial recovery.

The SEC's whistleblower office is seeking additional details about a complaint that Scranton, Pa., misled in a bond document regarding the nature of a tax hike.

The Commonwealth Financing Authority has begun accepting applications for five programs established by the Act 13 Marcellus Legacy Fund, Gov. Tom Corbett's administration announced.

U.S. District Court Judge John Jones III refused to reconsider the January dismissal of a lawsuit that challenged the state recovery plan for Harrisburg, Pa.

The head of Lancaster County, Pa.'s waste authority criticized Moody's for warning about negative credit implications regarding its pending deal for the Harrisburg incinerator.

Camelot Global Services of Britain has again extended its bid to privatize the Pennsylvania lottery while Gov. Tom Corbett considers appealing the contract's denial by state attorney general Kathleen Kane.

Standard & Poor's lowered by three notches its long-term rating on bonds issued for Good Samaritan Hospital of Lebanon, Pa., to B-plus from BB-plus.

Standard & Poor's lowered its school issuer credit rating on the Aliquippa, Pa.'s School District's general obligation debt to BBB from BBB-plus, while keeping a negative outlook.

Gov. Tom Corbett could decide within days what to do with his lottery privatization plans after Attorney General Kathleen Kane struck down a deal with Camelot.

Pennsylvania's 20-year, $35 billion with Camelot Global Services to run the state's lottery system is unconstitutional, said Attorney General Kathleen Kane.

Harrisburg, Pa., has cleared a legal hurdle to the auction of its Wild West artifacts, which officials say could bring up $6 million to the teetering city.

The Pennsylvania Turnpike Commission's burdensome requirement to pay the state DOT $450 million annually would expire in 10 years under Gov. Tom Corbett's proposal.

Harrisburg, Pa., councilman Brad Koplinski, a major figure in the capital city's debt crisis, said he will run for Pennsylvania lieutenant governor as an advocate for localities.

The City Council in distressed Scranton, Pa., tabled a contract with Standard Parking to manage city meters, citing concerns over fees and revenue projections.

Moody's revised its outlook for West Penn Allegheny Health System bonds to developing from negative as it monitors an affiliation agreement with Highmark.

Gov. Tom Corbett, in his address to Pennsylvania's legislature, unveiled a pension overhaul plan that he said would deal with $41 billion in unfunded liability.