Pennsylvania

Harrisburg, Pa., has settled with its former attorney, Mark Schwartz, agreeing to pay him $80,000.

Gov. Tom Wolf announced the investment of $130.7 million for 12 non-point source, drinking water and wastewater projects across eight counties through the Pennsylvania Infrastructure Investment Authority.

Puerto Rico employment went up for the sixth consecutive month in March.

Pennsylvania's Public School Employees' Retirement System named state Rep. Glen Grell executive director effective May 1.

Standard & Poor's affirmed its A-plus rating on the Pennsylvania Housing Finance Agency's Series 2005A capital fund security revenue bonds and removed its rating from credit watch with negative implications.

Moody's Investors Service analysts Tim Blake and Tom Aaron will be addressing past and current challenges related to U.S. pensions at the April 9 meeting of the Philadelphia Area Municipal Analyst Society.

Pennsylvania Gov. Tom Wolf will nominate Timothy Reese to succeed the disgraced Rob McCord as state treasurer, the governor's office said Tuesday.

The Rapid Bridge Replacement Project is Pennsylvania's initial P3 and the first nationwide to bundle multiple bridges into a single procurement.

Pennsylvania Gov. Tom Wolf is creating a competitive procurement process for selecting bond counsel, calling the move vital to overhauling state government.

York, Pa., needs $10 million by Dec. 31 to meet its minimum pension payment obligations, said Pennsylvania Auditor General Eugene DePasquale.

Pennsylvania Attorney General Kathleen Kane expects to finish her investigation of the Harrisburg incinerator bond financing fiasco soon, she told lawmakers.

Moody’s revised its outlook on Montgomery County, Pa., GO bonds to stable from negative while affirming its Aa1 rating.

Pennsylvania Gov. Tom Wolf's proposed $30 billion budget brings new ideas to the table but faces some stiff headwinds, capital markets observers said.

Pennsylvania Gov. Tom Wolf stirred a hornet's nest in the capital markets when he included $3 billion in pension obligation bonds with his budget proposal.

New Jersey and Pennsylvania’s public pension systems were the nation’s most underfunded from 2001 to 2013, according to the National Association of State Retirement Administrators.

Philadelphia Mayor Michael Nutter has proposed a 2016 budget proposal that aims to tackle rising pension and healthcare costs.

Pennsylvania Gov. Tom Wolf's plan to reduce pension fund costs is a credit positive for large passive asset managers, according to Moody's.

A Pennsylvania law requiring better tax-collection procedures has boosted income-tax receipts for most municipalities and school districts, said Moody's.

Pennsylvania Gov. Tom Wolf's proposed $30 billion budget calls for sweeping changes in state taxes and more spending on education while closing a $2.3 billion deficit.

New Pennsylvania Gov. Tom Wolf removed the Philadelphia School Reform Commission chairman and replaced him with career educator Marjorie Neff.