Budgets

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Gov. Bruce Rauner says he will act to authorize $6 billion of borrowing to knock out overdue bills.

A Lackawanna County court has scheduled another hearing for Monday on a challenge to Scranton's ability to collect certain local taxes.

The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.

The special session on Sept. 25 will be asked to resolve funding problems in the wake of the state Supreme Court's rejection of a "smoking cessation fee."

The transportation package limits bonding to $400 million.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

Dean Fuleihan, director of the New York City Office of Management and Budget, discusses how the city's $85 billion 2018 spending plan mirrors principles in place throughout Mayor Biill de Blasio's entire first term. Hosted by Chip Barnett and Paul Burton.

The immense financial impact of the storm is becoming apparent.

Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.

Challenger Nicole Malliotakis called the post-Sandy program “one of the monumental failures” of Bill de Blasio's administration

Activists protested what they called Aurelius Capital Management’s support for austerity in Puerto Rico.

The Chicago Teacher's Union threatened a lawsuit that could derail the funding package.

Joseph Lhota repeated his call for New York City to contribute to the triage plan.

Fueled by oil and natural gas production taxes, the state’s rainy day fund is the biggest in any state.

Bond financing was suggested to fund the IT upgrades.

The package delivers about $150 million more than district officials wrote into their spending plan for the year.

The Hicks-Hudson administration left $3 million in Toledo's general fund at the end of 2016 hoping it would help the city get a better bond rating.