Pennsylvania

The commonwealth's largest public pension fund acknowledged an erroneous investment return that was just high enough to avoid triggering a teacher risk-sharing provision.

Gov. Tom Wolf said the tax has become unreliable for funding the commonwealth's vast network.

The city relies on the levy as a whole for 43% of its general fund revenue amid a national debate over work-from-home dynamics that could reach the U.S. Supreme Court.

The Pennsylvania treasurer, who leaves office Tuesday, says municipalities can artificially inflate their bottom lines through these revenue sources.

City officials say the continuation of enhanced taxing authority from Pennsylvania will help it refinance debt and avoid another fiscal cliff.

Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.

Pennsylvania nonprofit health system’s aggressive expansion has left it with a massive debt load, although default not an issue.

Municipal water and sewer utilities are considered among the best positioned public finance sectors to confront COVID-19 related credit risks.

The contest that took nearly a week to finalize was among several races that epitomized the state's sharp political divide.