Northeast

The rating boost from Moody’s Investors Service came ahead of a $250 million bond sale.

The Norwich City Council voted unanimously Monday to send an ordinance appropriating $5 million in bond money for infrastructure improvements to referendum.

The City Council voted unanimously to allow city officials to bond out as much as $3 million more to pay for cost overruns of what is now Portsmouth's $26.2 million second municipal parking garage.

The subway crisis could change the political landscape, New York's mayor says.

The New York mayor and his supporters must shepherd the bill through Albany.

Moody's Investors Service has upgraded to Aa2 from Aa3 the long-term joint support letter of credit (LOC)-backed ratings of the City of Philadelphia, Pennsylvania Gas Works (PGW) Revenue Refunding Bonds.

Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.

WILKES-BARRE, Pa. -- The city ended 2016 with a deficit, affirming Mayor Tony George's warning that the $51.5 million general fund budget he inherited upon taking office last year would not balance.

Revenue volatility and bond-rating agency opinions can complicate states' rainy-day planning.

Bolstered by by gains in New York City, local sales taxes collections rose 3.3% across New York State in the first half, state comptroller Thomas DiNapoli reported.