Northeast

At a feisty board meeting, officials rolled out draconian scenarios of service cuts and fare and toll hikes should Washington help not materialize.

New Jersey Gov. Phil Murphy pitched a revised $32.4 billion nine-month 2021 fiscal year budget that hinges on billions of borrowing and newly enacted taxes to confront a coronavirus-induced revenue gap.

Joe Torsella said the online tool will help portray long-term drivers of the state’s financial picture.

The region's bond issuers sold $55.4 billion of municipal debt during the first half of 2020, a 21.1% increase from the same period in 2019.

Online-only charters could take some market share and revenue from districts and brick and mortar charters because of the shift to virtual learning.

Vastly improved fund balance levels in New Jersey's largest city leading into the COVID-19 pandemic have helped weather financial headwinds posed by the health crisis.

The level of Washington aid is but one yardstick for the fiscal soundness of the city-owned system, says the watchdog Independent Budget Office.

New York State’s revenue deficit deepened during the first three months of fiscal 2021, underlining how crucial federal funding is to help, according to Gov. Andrew Cuomo.

Lauren Sobel, a municipal bond analyst at Bank of America, died in a rock climbing accident in Gardiner, New York.

Slow utility responses triggered legal action and calls for changes ranging from carrot-and-stick contracting agreements to a municipal takeover of Con Edison.