Pennsylvania

A settlement over back pay for the city’s police and fire unions is a major step to financial recovery in Scranton, Pa., says Mayor Bill Courtright.

Pennsylvania’s budget impasse may force the Red Lion Area School District into bankruptcy, its superintendent said.

The ambitions of the $4.1 billion budget Philadelphia’s Mayor Jim Kenney outlined Thursday hinge largely on new borrowing and a proposed soda tax.

Pennsylvania slipped closer to a rating downgrade Thursday when Standard & Poor’s placed its AA-minus general obligation rating on credit watch with negative implications.

Pennsylvania Gov. Tom Governor Wolf has a treatable form of prostate cancer, he announced Feb. 24.

Activist Barry Shutt, looking for a wakeup call, intends to display his new Pennsylvania pension debt clock at the state capitol complex in Harrisburg.

Moody's downgrades three struggling Pennsylvania school districts and withdraws their enhanced ratings based on pre-default intercept programs.

The City of Philadelphia has added its backing to an ongoing lawsuit against Pennsylvania officials over the state's school funding formula.

Philadelphia’s Temple University is allocating a $1 million study to examine building a new on-campus football stadium.

A grim Pennsylvania Gov. Tom Wolf urged lawmakers to plug a $2 billion budget deficit that he said has bond rating agencies poised for more downgrades.

Pennsylvania Gov. Tom Wolf will release his fiscal 2017 budget with the current one still unfinished and amid a Moody's warning about escalating pension costs.

The first Philadelphia Area Municipal Analyst Society meeting of 2016 will provide an outlook for what to expect in the municipal bond market this year.

Pennsylvania road revenues will over the next 12 years will be $6 billion shy of the $34 billion needed for its long-range plan.

Pennsylvania's intercept programs for school districts remain a strong credit feature despite downgrades related to the state's budget impasse, said Janney.

Pennsylvania Gov. Tom Wolf announced a facelift for the Harrisburg Transportation Center and its surrounding areas, using up to $60 million in state and federal funds.

The Allentown, Pa., City Council voted no confidence against Mayor Ed Pawlowski, who says he won't resign as an FBI corruption probe hovers over City Hall.

Pennsylvania's interim budget reinforces the commonwealth's commitment to supporting full, timely payment of school district debt, Fitch Ratings says.

Book author and state Representative John McGinnis says Pennsylvania lawmakers have it backwards when they treat pension bills as mere budgetary bargaining chips.

In the latest twist to Pennsylvania's budget crisis, state Treasurer Timothy Reese extended a $2 billion line of credit to the commonwealth to prop up its its general fund balance.

Pennsylvania phased out its 172-year-old capital stock and foreign franchise tax, with Gov. Tom Wolf calling it “an unfair tax on business” that he was committed to eliminating.