City of Philadelphia, PA

A state-devised board that has governed the city’s school distressed district for 16 years voted to dissolve.

Mayor Jim Kenney's vision could provide more fiscal certainty for the school district at the expense of city finances, according to Fitch Ratings.

Mayor Jim Kenney wants local control returned to the city’s junk-rated school district, which would come at a cost.

Funding shortfalls, delayed expansion projects, and gridlock threaten the viability of the Amazon bids, according to the Tri-State Transportation Campaign.

The mayor's office said the survey by City Controller Alan Butkovitz, a soda tax opponent, wasn't impartial.

The city priced refunding bonds for Philadelphia Gas Works.

Top-shelf municipal bonds were unchanged at mid-session, according to traders who are looking ahead to next week’s new issue slate, which is estimated at $6.7 billion.

Municipal bond traders are looking ahead to the weekend — and waiting for next week’s lighter new issue slate.

Top-rated municipal bonds finished mixed on Tuesday, traders said, as a New York City issuer sold over $1.5 billion in six competitive offerings.

Top-rated municipal bonds were mixed at mid-session, traders said, as a New York issuer sold about $1.5 billion in six competitive offerings.

About $2.5 billion of bonds are coming from just two issuers on Tuesday, as the market gears up for big competitive sales from New York and a large negotiated deal out of Ohio amid various other deals from around the country.

Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.

On a quiet Monday where there is only one deal pricing for retail investors, municipals were mixed although some maturities on the long end were as much as one basis point higher, according to traders.

The municipal bond market is gearing up for about $7.3 billion of new supply this week, with $2.51 of that coming from two issuers.

Primary municipal bond market volume is expected to inch up to $7.3 billion, as analysts expect the muni market to stay on a path of suppressed supply and deep demand.

As the number of casinos continues to rise across the mid-Atlantic and New England regions, the industry boom could result in increased risk for those states, according to a report released Monday by S&P Global Ratings.

Top shelf municipal bonds were steady at mid-session, according to traders, who were looking ahead to next week’s new issue slate.

The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.

Top-rated municipal bonds ended weaker on Tuesday, according to traders, as deals from New York City, Philadelphia and the Port of Seattle hit the market.

Top-rated municipal bonds were weaker at mid-session, according to traders, who saw deals from New York City and Philadelphia hit the market.