Pennsylvania

A committee of NFL owners and players hired PFM Asset Management to oversee the investments of their defined contribution plans.

Chris Mier, chief strategist at Loop Capital along with Tom Kozlik, director and credit analyst at Janney Capital Markets, will be presenting their forecasts for the municipal bond market at the Jan. 15 meeting of the Philadelphia Municipal Analyst Society.

Amalgamated Bank completed a $13 million TAN for Scranton, Pa., which is looking to further its reputation in the capital markets.

The Internal Revenue Service has closed a targeted audit of Philadelphia's series 2010A water and wastewater revenue refunding bonds without making any changes to the bonds' tax-exempt status.

Gov.-elect Tom Wolf talked up school funding during his campaign, but finding a solution may be difficult.

Harrisburg, Pa., officials have asked three bidders for a tax and revenue anticipation note to submit "best and final" offers, said city financial coordinator Fred Reddig.

The York City School District in Pennsylvania is in receivership after a county judge approved a request by the state education department.

Harrisburg, Pa., once a capital-markets pariah, has three banks bidding on its proposed TRAN, though with a projected fund balance of nearly $5 million, the city might not need it.

Capital Region Water, nee the Harrisburg Authority, took significant steps this year en route to a what it believes can be an investment-grade rating within 18 months.

Former high-level athletes, such as New York Giants Super Bowl champion Phil McConkey, talk about sports experiences ranging from Rose Bowl to Wembley, and reflect on how their experiences on the field help them today in finance careers.

Pennsylvania's Commonwealth Financing Authority and state budget office have canceled a $197 million sale of CFA revenue bonds scheduled for Dec. 19, saying the CAFR for fiscal 2014 is not yet available.

The renewal of a 1% temporary sales tax that was set to expire this year will help aid Philadelphia's underfunded pension fund, the city's treasurer Nancy Winkler explained in a speech before the Municipal Forum of New York Wednesday.

Pennsylvania is seeking qualified companies to join a public-private partnership to fund and operate transit bus natural gas-fueling facilities.

In what could be a credit-positive move, Capital Region Water of Harrisburg, Pa., has reached a partial consent decree with regulators over a clean-water remedy plan.

Moody's Investors Service has revised its outlook on the University of Pennsylvania to positive from stable on expectations that the Ivy League school will continue its momentum in student enrollment, donor support and building flexible reserves.

Public pension discussions take on renewed vigor as unfunded liabilities trouble many states, though there are plenty of examples of sound practices, experts say.

The latest city treasurer appointee in Harrisburg, Pa., is cleared to work after city officials were satisfied that he lives there.

How can Pennsylvania, with a Democratic governor and a more Republican legislature, grasp serious financial challenges?

Harrisburg, Pa., has begun advertising for a consulting firm to help lead the city's long-range comprehensive plan.

Better scrutiny and support could help avert future bankruptcies, say public finance experts Richard Ravitch and James Spiotto.