City of Philadelphia, PA

A injunction blocked the service cuts that would have balanced SEPTA's budget. 

Philadelphia's economy has been growing. But deep cuts Pennsylvania may impose on the regional public transportion system could have serious negative impacts.

Armed with higher ratings since its last sale four years ago, the city is set to return to the market with a bang. 

Robert McDermott has joined the firm as a director.

"We, the city of Philadelphia proper, we can't do it alone," Parker said in a keynote address at The Bond Buyer Infrastructure conference Tuesday. "We are grateful to our state and our federal partners, as well as the bond market."

The annual awards for the municipal finance sector will be celebrated at the close of The Bond Buyer's Infrastructure conference in Philadelphia, September 17–18, 2024.

"My 'One Philly Budget' invests $2 billion over five years in new operating and capital dollars focusing on five pillars — public safety, clean and green, economic opportunity, housing and education," said Mayor Cherelle Parker, the city's first woman mayor.

Fitch Ratings did a deep dive on the nation's major airport capital programs, as projects have begun, and how they plan to fund them.

"We were pleased to achieve such strong results, especially in light of the recent volatile market conditions," said Philadelphia Treasurer Jacqueline Dunn.

The section of I-95 that collapsed was part of a recent $212 million reconstruction.