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Cook County, Illinois president says new taxes or fees are on table to close the shortfall.
June 20 -
A proposal to establish such a fund, as opposed to the current mechanism for reserves, is headed for the November ballot.
June 18 -
A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.
June 17 -
The FY 2020 budget adds $250 million in new reserves to the executive budget Mayor Bill de Blasio presented in April.
June 17 -
Karen Freeman-Wilson says without the bond deal to leverage the city's public safety building, Gary will end the fiscal year $42.5 million in the red.
June 13 -
A tighter cap on local property tax rates for some cities and counties will factor negatively into future bond ratings, analysts warn.
June 13 -
New Mayor Lori Lightfoot shows a commitment to maintaining investor relations that helps the city's access to the bond market
June 13 -
As the district braces for possible state receivership, Pennsylvania Auditor General Eugene DePasquale calls for a 'real-time' audit.
June 13 -
The Long Island township has paid off most of more than $20 million of deficit bonds it sold in 2010 and 2011.
June 12 -
Nick Sifuentes of the Tri-State Transportation Campaign explores ways to unravel the metro New York commuter mess. Paul Burton and Andrew Coen host.
June 11 -
A judge denied Chicago's request for a restraining order to stop the state comptroller from intercepting state grant money on behalf of city pension funds.
June 7 -
Amid the national debate over state and city incentives for corporations, artificial intelligence and immigration have emerged as new phenomena, a site selection expert says.
June 4 -
Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.
June 3 -
Congestion pricing and other promised streams still leave unanswered questions for New York's transit agency.
May 30 -
Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.
May 30 -
New York Mayor Bill de Blasio has touted his administration's record levels of reserves. Whether they can sustain a downturn is up for debate.
May 24 -
The city announced that it has acquired 200 acres of land as part of its deal to land a new assembly plant.
May 23 -
Debate over the level of openness at New York MTA resonates on several fronts, notably during a joust over reports of overtime abuse.
May 23 -
Treasury Secretary Steven Mnuchin warned that the U.S. government will face a default in “late summer” unless Congress increases the debt ceiling.
May 22 -
New York City’s economy grew 3.0% in the first quarter, Comptroller Scott Stringer reported on Monday.
May 20


















