Pennsylvania

After bureau agents raided the City Hall office and home of Mayor Bill Courtright, council members in the northeast Pennsylvania city want answers.

A city task force has restored nearly $40 million in unreconciled cash accounts that was driven largely by duplicate debt service entries.

Proceeds from the bulk of the bond sales will be used to reimburse the hospital for various capital projects.

The Public Pension Management and Asset Investment Review Commission says its blueprint could save the commonwealth roughly $10 billion over 30 years.

An improved Philadelphia economy drove the city’s long-struggling school district to an investment grade rating from Moody’s Investors Service.

While citing “noticeable, across-the-board improvements,” state Auditor Eugene DePasquale said significant work remains for the distressed city's three pension plans.

As governments increasingly tap into analytics for policymaking, risks accompany benefits.

Mary Jane Darby, Rob Kanzer and James Still have over 50 years of combined experience in the industry and most recently all worked at Prager & Co. They will be working at the firm’s New York office starting later this month.

Tom Wolf's full plate includes a projected $1.7 billion deficit, with the state having already used one-time revenue measures such as tobacco and gambling.

Moody's Investors Service now assigns a positive outlook to its A1 rating for the private Pennsylvania university.

A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the bi-state transportation agency's rating outlook.

Moody's Investors Service placed the school district on review for an upgrade.

The city is looking to tackle infrastructure investments through a $181 million Election Day bond referendum.

The Public Pension Management and Asset Investment Review Commission will present its findings to Gov. Tom Wolf and the General Assembly.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

With Philadelphia’s general fund surplus returned to near pre-recession levels, the city’s fiscal watchdog says now is the time to prepare for the next economic downturn.

U.S. District Judge Juan Sánchez gave Ed Pawowski the maximum sentence for his conviction on 47 charges related to a pay-for-play scheme.

S&P said Pennsylvania's rejection of Wilkes-Barre from a state workout program presents no immediate pressure to its overall credit quality.

The grand opening of Bancroft Capital, a certified service-disabled veteran-owned small business, is set for Veterans Day.

The Internal Revenue Service has taken no action regarding tax-exempt refunding bonds that were issued for Gettysburg College in 2010, after closing an audit that appears to have been randomly initiated.