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Dauphin County, Pa., expects to make a $1.5 million bond debt payment for Harrisburg University for the second straight year.
December 21 - Pennsylvania
Moody's Investors Service downgraded the general obligation bond rating of East Pennsboro Township two notches to Baa2 from A3.
December 21 - Pennsylvania
Moody's Investors Service revised its outlook for Doylestown Hospital, Pa. to stable from negative while affirming its Baa2 long-term rating.
December 21 -
A three-judge panel in Lackawanna County rejected Scranton, Pa.'s request to impose a 1% commuter tax, saying the distressed city wasn't persuasive enough.
December 20 -
The leader of Harrisburg, Pa.'s regional chamber of commerce resigned from the city's municipal financial recovery advisory committee amid backlash over a video lampooning Harrisburg's debt crisis.
December 14 -
Pennsylvania Education Commissioner Ron Tomalis named Gene Veno chief recovery officer for Harrisburg's schools in what could be a prelude to receivership.
December 13 -
Two days of testimony on distressed Scranton, Pa.'s request for a commuter tax ended in Lackawanna County, with a three-member panel of judges yet to rule.
December 12 - Pennsylvania
The Philadelphia Authority for Industrial Development will sell $298.7 million in federally taxable bonds on Tuesday.
December 10 -
Moody’s Investors Service downgraded to Ba2 from Ba1 the long-term bond rating assigned to Good Samaritan Hospital’s 64.5 million of outstanding bonds issued by the Lebanon County Health Facilities Authority.
December 7 - Pennsylvania
Scranton, Pa., received a $14.7 million through a private placement Thursday with Janney, which cited positive indicators in the financially distressed city.
December 6 -
Standard & Poor's lowered West Penn Allegheny to CC from B-minus in the beleaguered health system's third downgrade from a major rating agency in two months.
December 4 -
Alan Kennedy-Shaffer won his battle with Gov. Tom Corbett’s administration to continue leading community group Harrisburg Hope while working as a state attorney.
November 30 - Pennsylvania
Standard & Poor’s raised its general obligation bond rating of Lynn, Mass. to A from A-minus.
November 30 -
West Penn Allegheny Health System revealed that the Securities and Exchange Commission may sue it over accounting discrepancies.
November 30 - Pennsylvania
Distressed Scranton, Pa.'s proposed $110 million budget represents a 29% increase, and comes as a county court is set to rule on whether it can impose a commuter tax.
November 30 - Pennsylvania
The city of Philadelphia began the search for a broker to manage its potential sale of the Philadelphia Gas Works, one of the few city-owned gas companies in the United States.
November 16 -
Harrisburg's former receiver wants a special prosecutor to probe the incinerator bond deals that left Pennsylvania's capital more than $340 million in the hole.
November 14 - Pennsylvania
Retail pricing began for the Pennsylvania Housing Finance Agency's $230 million sale of mortgage revenue bonds. The institutional sale will be Thursday.
November 14 -
Moody's downgraded to Ca from Caa1 the bond rating of West Penn Allegheny Health System, which is embroiled in a messy merger battle with Highmark.
November 13 - Pennsylvania
City officials, workout consultants and industry leaders asked a Pennsylvania agency to let the city of Pittsburgh exit its recovery plan and the distressed label that goes with it.
November 12


