Pennsylvania

The Pennsylvania Higher Educational Facilities Authority is scheduled to sell $45 million of bonds for Thomas Jefferson University and $31 million for the University of the Sciences in Philadelphia on Tuesday.

Scranton, Pa.'s City Council approved its financial recovery plan moments after landing a $6.2 million tax-anticipation notes deal from Amalgamated Bank.

A legal battle over the ability of a state-appointed receiver to force capital city Harrisburg to increase taxes played out in a Pennsylvania court.

Harrisburg, Pa., could miss another general obligation bond payment in mid-September in order to make payroll and could run out of cash altogether by the end of next month.

Pennsylvania's Senate has delayed its hearings on Harrisburg incinerator bond financings, and seeks more detail from parties uncooperative toward a local audit.

Joe Watkins of Philadelphia will take over as recovery officer for Chester Upland's school district, which Pennsylvania officials have deemed distressed.

The Pennsylvania Senate's investigation into the Harrisburg incinerator bond deals will be wide-ranging, said committee chair John Eichelberger.

The state-appointed consultant that must sign off on Scranton, Pa.'s financial recovery plan sees progress, but room for improvement.

Attorney Michael Washo will run the troubled Parking Authority in Scranton, Pa., a judge has ruled after indenture trustee Wells Fargo sued.

Moody's affirmed its Ba3 rating and negative outlook on the Harrisburg Parking Authority's bonds, citing the financial uncertainty in Pennsylvania's capital.

Pennsylvania Gov. Tom Corbett and the Philadelphia Regional Port Authority announced the signing of a Delaware River dredging contract.

Harrisburg, Pa.'s City Council may allocate $7,500 to defend a lawsuit the city's receiver has filed to force it to triple its earned-income tax, a court ruled.

Pittsburgh looks to emerge from state oversight, but the city faces pension liability challenges.

U.S. Steel, the nation's largest steel producer, is coming to market Thursday to raise money to finance upgrades to solid-waste facilities. The borrowing comes a week after the U.S. Justice Department sued the steel giant for clean-air violations in three states.

Pennsylvania state Sen. Jeffrey Piccola, who sponsored legislation that led to the state takeover of distressed capital city Harrisburg, faces 14 charges of professional misconduct as a private attorney.

While the mayor and City Council finally came to terms in Scranton, Pa., over a financial recovery plan, the matter remains at a standstill because the city's state-appointed coordinator doesn't like it.

A Pennsylvania official Tuesday said the state could relax its Aug. 15 deadline for Scranton to enact a revised recovery plan if it sees the mayor and City Council making progress.

A Pennsylvania official could relax its Aug. 15 deadline for Scranton enacting a revised recovery plan if it sees the mayor and City Council making progress.

Pennsylvania's Senate has scheduled an Aug. 29 hearing on the incinerator bond deals that left capital city Harrisburg with more than $310 million in debt that it cannot pay.

Nearly broke and seemingly shut off from the capital markets, Scranton has asked its pension board to meet current-year obligations for payroll and debt service.