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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.
October 16 -
The former Philadelphia City Council CFO will advise public sector leaders on how to address the financial and economic crisis caused by COVID-19.
October 15 -
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.
October 13 -
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.
September 30 -
Christian Dunbar was hit with multiple federal charges tied to alleged immigration fraud and embezzlement schemes before he joined the city government.
September 28 -
The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.
September 14 -
The projected shortfall is $100 million higher than in late April, but a downgrade is unlikely, an analyst says.
June 16 -
The city eyes interest savings and, if conditions permit, may take out some variable rate bonds too.
May 18 -
Philadelphia Mayor Jim Kenney's revised budget proposed reflects a massive revenue shortfall, related to the shutdown to prevent the spread of COVID-19.
May 1 -
Mayor Jim Kenney’s fifth budget proposal seeks to shield the city from a potential recession.
March 6