Pennsylvania

Philadelphia International Airport's revenue bonds were lowered to A from A-plus because of a "relatively weak liquidity position."

The indictment of Pennsylvania Attorney General Kathleen Kane should have little effect on the prosecution of former Harrisburg Mayor Stephen Reed, legal observers say.

Enrollment declines at the 14 universities in Pennsylvania's State System of Higher Education pressure their operations, said Janney's Alan Schankel.

Philadelphia-based Public Financial Management, the country's largest municipal advisory firm, said it has acquired Stauder, Barch & Associates, Michigan's oldest FA firm.

Moody’s Investors Service upgraded Philadelphia Gas Works to Baa1 from Baa2, citing a stabilized financial position.

With Pennsylvania three weeks into fiscal 2016 and still no budget approved, municipal analysts say the content of the spending plan is more important than the timeliness.

The outlook for Pennsylvania's most financially troubled school districts will remain bleak, according to Moody's.

Gov. Tom Wolf and the Pennsylvania legislature settled nothing over the weekend as the commonwealth's budget, three weeks late, remains unsigned.

The Delaware River Port Authority's board approved an $18 monthly credit for E-ZPass monthly account users on four bridges connecting Greater Philadelphia and New Jersey.

Mayor Stephen Reed "could not have acted alone," Pennsylvania Attorney General Kathleen Kane said in announcing corruption charges.

Temple University in Philadelphia approved a 2.8% increase in undergraduate tuition on July 14.

Former Harrisburg, Pa., Mayor Stephen Reed was arrested on 17 charges and nearly 500 counts related to use of bond proceeds and other public money.

Scranton, Pa., looks to dig out of its pension mess after chronic underfunding and a double-dipping fiasco.

Gov. Tom Wolf and Pennsylvania lawmakers remained stalemated over how to fund a $30.2 billion budget for fiscal 2016.

A Pittsburgh grand jury looking into Harrisburg's finances has received a six-month extension to Jan. 31.

Pennsylvania Gov. Tom Wolf is expected to veto a bill that would force new state hires into a 401(k)-style defined contribution plan.

Pennsylvania Gov. Tom Wolf vetoed the $30 billion fiscal 2016 budget lawmakers had passed, saying it ignored such core issues as structural imbalance, school funding and rising property taxes.

Pennsylvania Auditor General Eugene DePasquale called for a series of funding and transparency measures to tackle local pension underfunding.

A 4% tax increase Philadelphia approved to generate $50 million for Philadelphia schools is a credit positive for the struggling district, but not large enough to be a long-term solution, according to Moody's.

Pennsylvania lawmakers over the weekend advanced a $30 billion budget that barring a compromise appears headed for a veto by Gov. Tom Wolf.