Budgets

The city has underfunded pensions and plans to increase spending to support its school district.

The Philadelphia School District received approval for the framework of a 5% budget increase from its lame duck governing body.

Detroit's affordable housing plan would give developers access to private activity bonds associated with Michigan’s 4% tax credit program.

While state lawmakers have approved limited use, notably for the city's housing authority, city officials want to use the method across the board.

Reno's ratings raised to A-plus with an economic boost from tech companies.

Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.

The loan would provide funds for capital improvements which were supposed to be funded by $10 million in bond proceeds the school district misused.

They say the city’s massive capital program needs right-sizing to solve a problem that goes back several administrations.

Improved budgeting and fiscal monitoring boosted New York’s fourth largest township out of junk status.

Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.

As the New York City Housing Authority crisis festers, streamlined project delivery could help speed up emergency repairs and fund other capital needs.

With a new funding formula and budget in place, Illinois' latest review of school finances has fewer dire warnings then last year's.

Moody's assigned a negative outlook to Guam's issuer rating and Guam Waterworks Authority bonds.

Fitch Ratings did cite federal funding uncertainties and potential unbudgeted expenditures for liability claims as concerns.

The federal government ran a $215.2 billion deficit in February, the Treasury Department reported Monday.

Gary is trying to reduce the $8.4 million it owes to the IRS for a tax liability created when it failed to remit taxes withheld from employee paychecks.

The delay will mean reductions to services and may lead to job cuts at the start of the 2018-19 school year.

Council Speaker Corey Johnson spelled out several conditions for such an increase to MTA Chairman Joe Lhota.

The declaration could expedite contracting for repairs at NYCHA units through limited city use of design-build project delivery.

The state of the public school district is vital to encourage young families to move back into the city, he said.