Northeast

Philadelphia’s tax revenues are up $27 million over initial projections for the 2016 fiscal year, according to City Controller Alan Butkovitz.

New York MTA intends to close the main entrance to its Whitehall Street-South Ferry at the lower tip of Manhattan while it completes its $194 million rehabilitation.

Illinois local governments, especially school districts, are faring better than their Pennsylvania counterparts during their respective state’s budget impasse, Moody’s Investors Service says.

With Providence, R.I facing a large budget deficit, State Treasurer Seth Magaziner said he is prepared to assist Rhode Island’s largest city in an advisory capacity if needed.

New York MTA's $29 billion capital program is bound for Albany after its board approves the five-year plan.

Rhode Island would like to keep the Pawtucket Red Sox minor league baseball team but not at any cost, Gov. Gina Raimondo said in an interview.

Despite last week’s downgrades, Illinois’ general obligation paper fares better than New Jersey for relative credit risk, Municipal Market Analytics said in a commentary comparing the two lowest-rated states.

Rhode Island Gov. Gina Raimondo highlighted efforts to build a knowledge-based economy and fix tattered infrastructure at a Bond Buyer event in Providence.

When it comes to getting money back from the Federal government, New York State is getting shortchanged, according to a report released on Tuesday by state Comptroller Thomas DiNapoli.

New York’s MTA reduces budget risk through the interest-rate and fuel-hedging strategies of its derivatives program, its finance manager said.