Budgets

S&P Global Ratings revised to positive from stable the outlook on its BBB-plus rating for the long-troubled city on the Delaware River.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

William Glasgall, Senior Vice President and Director of State and Local Initiatives at the Volcker Alliance, sits down with Chip Barnett and Lynne Funk to talk about why states should bolster their rainy day funds.

Mismanagement of real-property related taxes may be shortchanging an MTA revenue stream, said city Comptroller Scott Stringer.

Budget pressuresled Fitch Ratings to downgrade New York's second-largest city to A-plus from AA-minus.

Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

Moody’s Investors Service citied continued operational and performance improvements for the upgrade to Baa1.

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.

Nassau County Executive Laura Curran's proposed 2020 fiscal year budget would keep property taxes flat for a second straight year.

Moody's credited a disciplined approach toward budgeting sales tax revenue for the upgrade to Aa1.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

Unless Congress acts, there will be $1 billion in automatic cuts to transit grants and $7.6 billion in highway aid reductions.

Gov. Gina Raimondo’s planned 20-year, $1 billion extension of a gambling technology contract with IGT sets off the state's latest bare-knuckle political fracas.

Market observers says Lori Lightfoot should go light on one-time maneuvers, avoid fiscal gimmicks, and move the city toward structural balance.

State Senate Majority Leader Loretta Weinberg discusses a proposed millionaire’s tax, transportation funding, pension liabilities, the long-stalled Gateway project and other topics impacting New Jersey’s financial future. Andrew Coen hosts.

Lori Lightfoot is eyeing new taxes, debt refinancing, and state action to help close a $838 million gap.

Mayor Bill de Blasio’s plan includes the construction of more than 5,000 curbside rain gardens in Brooklyn, the Bronx and Queens.