Pennsylvania

Limiting the stays of Pennsylvania cities in the workout program for distressed communities could be counterproductive, said an aide to Gov. Tom Corbett.

Gov. Tom Corbett announced the investment of $41.7 million in 13 nonpoint source, drinking water and wastewater projects across 12 Pennsylvania counties.

Moody's revised its outlook on Bucks County, Pa., to negative, affecting $387 million in general obligation bonds and GO-guaranteed debt.

Public finance experts cite greater awareness about the need to think beyond immediate crisis management.

One judge was used to the limelight, the other wasn't. But Thomas Bennett and Mary France found themselves in the glare as they oversaw high-profile Chapter 9 cases.

The municipal bond system is "set up not to be fair to the issuers," former Harrisburg receiver David Unkovic said at a conference in Pennsylvania's capital.

Harrisburg, Pa., Councilwoman Eugenia Smith died April 11 at Harrisburg Hospital, where she was rushed after becoming ill at home. She was 53. No official cause of death was immediately announced.

Amalgamated completed a $22 million refinancing with Capital Region Water, in the former Harrisburg Authority's first debt financing in more than three years.

The financial plight of Harrisburg, Pa., goes far beyond incinerator debt financing, according to a Widener Law professor who is running a conference on distressed cities.

A Republican state lawmaker and Democratic mayors are behind an effort to overhaul Pennsylvania's municipal pension system.

Harrisburg, Pa., Mayor Eric Papenfuse confirmed his testimony before a state grand jury in Pittsburgh, presumably about the capital city's past financial deals.

A Marcellus Shale impact fee will have generated about $630 million by year's end, said Pennsylvania Gov. Tom Corbett, but Democrats want a severance tax.

While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.

Harrisburg Mayor Eric Papenfuse called for the ouster of Gene Veno as chief recovery officer for the school district in Pennsylvania’s capital.

Harrisburg, Pa., receiver William Lynch will be the featured speaker at Widener University School of Law's April 14 program on municipal distress.

Pennsylvania's Department of Transportation will invite four teams to submit proposals for the rapid bridge replacement P3 project, said Commissioner Barry Schoch.

Moody's affirmed its A3 rating on $19.7 million Series 2006 revenue bonds by the Lancaster County Solid Waste Management Authority, the agency that bought Harrisburg's incinerator.

Retail pricing began Tuesday for the Pennsylvania Turnpike Commission's $236 million sale of Series 2014A senior turnpike revenue bonds.

The owner of a Harrisburg minor league soccer team is looking to raise $14 million for a new stadium on City Island in Pennsylvania's capital.

Harrisburg, Pa., made a $4.7 million general obligation bond payment, its first such payment in three years.