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The tax hike should provide new recurring revenue that restores structural balance after years of weak reserve levels, according to S&P Global Ratings.
July 9 -
The Massachusetts Port Authority expects to price $461 million of revenue bonds through a negotiated sale primarily to accommodate growth at New England's largest airport.
July 9 -
Garden State Initiative founder Regina Egea, a chief of staff under former Gov. Chris Christie, explores pressing fiscal challenges facing New Jersey. Hosted by Andrew Coen.
July 9 -
Mount Vernon Mayor Richard Thomas pleaded guilty to stealing $13,000 in campaign funds and failing to disclose a $4,000 payment from his campaign committee.
July 8 -
New York’s five-year capital plan may contain long-term risks from the state's increased reliance on borrowing, according to State Comptroller Thomas DiNapoli.
July 8 -
California retained its top spot in total volume, but New York State dominated with deal size, with two deals in the top five and five in the top 10.
July 5 -
Moody's Investors Service revised the outlook on its A2 rating for Yonkers, New York, to negative from stable.
July 5 -
Three-quarters of New York subway stations are inaccessible to wheelchair users, who must fight for funds to install elevators and other upgrades.
July 5 -
Bill Courtright surrendered in a Pennsylvania federal court to plead guilty on pay-to-play charges, one day after he resigned as Scranton's mayor.
July 3 -
Lawmakers' $9.97 billion spending plan includes $200 million in Garvee bonds for I-95 in Providence but not Gov. Gina Raimondo's call to legalize cannabis.
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