Northeast

A new sugar-sweetened beverage tax approved by the Philadelphia City Council last week will have little impact on city finances, according to Janney Capital Markets.

New Jersey revenues tumbled 7.3% in May compared to the year before.

Rhode Island lawmakers passed an $8.9 billion fiscal 2017 state budget during a weekend all-nighter.

Maryland’s Purple Line rail P3 gets official notification of an $875 million low-interest federal loan.

A record 58.3 million people came to visit New York City in 2015, according to a report from New York State Comptroller Thomas DiNapoli.

Moody's placed Yankee Stadium's Baa3 rating under review for upgrade, affecting roughly $1.26 billion of debt outstanding.

As Pennsylvania weighs moving new state hires into a hybrid plan partly based on 401(k)-style defined contributions, critics say it still leaves a massive unfunded liability untouched.

The $82.1 billion budget New York City adopted for fiscal 2017 is a slight credit positive for the next two years, says S&P Global Ratings.

The Dormitory Authority of the State of New York recently completed what it called its largest offering for a private client in 72 years with an $829 million bond sale for New York University.

Development of Philadelphia’s 30th Street Station and several follow-up projects planned in the immediate area will generate billions in new taxes to the city and state, Amtrak and its partners said.