City of Philadelphia, PA

The Pennsylvania governor can expect pushback from Republican lawmakers over budget-balancing plan aimed at higher wage earners.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.

A federal judge largely rejected the arguments offered by Wall Street banks seeking to dismiss the lawsuit, which alleges a conspiracy to fix rates in the VRDO market.

The NBA team's plans for an arena financed with development bonds were dashed when a city-linked organization advanced a non-sports-centered waterfront plan.

The former Philadelphia City Council CFO will advise public sector leaders on how to address the financial and economic crisis caused by COVID-19.

Municipals were mostly unchanged with a firm tone on Tuesday, according to market participants, ahead of the week's large new-issue calendar that's heavy on taxables.

The Puerto Rico Housing Finance Authority’s deal came in three times oversubscribed and was an important step in the Commonwealth’s return to the capital markets.

Christian Dunbar was hit with multiple federal charges tied to alleged immigration fraud and embezzlement schemes before he joined the city government.

The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.

The projected shortfall is $100 million higher than in late April, but a downgrade is unlikely, an analyst says.