Pennsylvania

Eugene DePasquale urged the system to pay Wall Street less and better educate its board members.

A Lackawanna County court says a state law that caps tax rates supersedes city home-rule provisions.

Moody's Investors Service has upgraded to Aa2 from Aa3 the long-term joint support letter of credit (LOC)-backed ratings of the City of Philadelphia, Pennsylvania Gas Works (PGW) Revenue Refunding Bonds.

Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.

WILKES-BARRE, Pa. -- The city ended 2016 with a deficit, affirming Mayor Tony George's warning that the $51.5 million general fund budget he inherited upon taking office last year would not balance.

"This is deeply troubling," treasurer Joe Torsella said of the commonwealth's revenue situation

The rating agency cited a liquidity boost from its sewer-system sale.

Thomas D. Zoidis, a former municipal finance professional in Philadelphia, died on July 27. He was 84.

The plan features tax increases and $1.3 billion of new borrowing.

The agency maintains its AA-minus rating on the commonwealth while awaiting a revenue package.

President Trump's impact on public finance will be explored at the next Philadelphia Area Municipal Analysts Society meeting Thursday.

As a Netflix film crew staged a theatrical FBI headquarters at district facilities this week, the Woodland Hills, Pa., Board of Education convened Wednesday to address the school district's ongoing real-life drama.

The action certified the city's five-year fiscal plan, though the board noted concern about low reserves.

Assumptions and contributions torpedoed Pennsylvania's pension funds, a University of Chicago report says.

A merger between Philadelphia University and Thomas Jefferson University will have no immediate credit impact , according to Moody’s Investors Service.

Gov. Tom Wolf and Pennsylvania lawmakers must still agree on a revenue package

Gov. Tom Wolf bought time to pass the bills necessary to fund Pennsylvania's $32.2 billion spending plan.

Philadelphia’s new five-year fiscal strategy was endorsed by City Controller Alan Butkovitz.

Pennsylvania state leaders are still negotiating how to fund their new budget.

Pennsylvania’s budget inaction landed the state on credit watch with negative implications.