Northeast

Philadelphia’s general fund tax revenues exceeded projections in the first quarter of the 2017 fiscal year, according to City Controller Alan Butkovitz.

Revenue constraints from a limit on tax levy growth is a credit negative for several Massachusetts localities, according to Moody's Investors Service.

The board of New York’s MTA approved measures intended to advance open-road electronic tolling at the authority’s crossings.

S&P Global Ratings said it has raised its long-term rating on Rockland County, N.Y.'s general obligation debt to BBB-plus from BBB.

Luke Bronin ran for Hartford mayor because he didn’t like what he saw in Connecticut’s capital city. What he found in office was even worse, but Bronin says he can turn the city around with state and regional help.

An Atlantic City default may be imminent if New Jersey rejects the city's five-year rescue plan next week, according to Moody's Investors Service.

The New York City Council unanimously voted to create a new business improvement district in Queens called the Greater JFK BID.

The New Jersey Transit Board of Directors approved a new $3.8 billion fiscal plan Wednesday that includes new purchases for equipment and safety infrastructure.

Rhode Island's investment panel voted to terminate its investment in seven hedge funds, following Treasurer Seth Magaziner's initiative to minimize risk.

The opening of New York's Second Avenue subway line by year's end remains an open question, said an independent engineer.