Budgets

A debt issue to reduce its mountain of unpaid bills is stuck in Illinois' political divide.

The subway crisis could change the political landscape, New York's mayor says.

The New York mayor and his supporters must shepherd the bill through Albany.

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.

The City Colleges of Chicago budget won the Civic Federation's endorsement.

WILKES-BARRE, Pa. -- The city ended 2016 with a deficit, affirming Mayor Tony George's warning that the $51.5 million general fund budget he inherited upon taking office last year would not balance.

Revenue volatility and bond-rating agency opinions can complicate states' rainy-day planning.

The state's lawmakers ended their squabble over the car-tax phaseout

"This is deeply troubling," treasurer Joe Torsella said of the commonwealth's revenue situation

The rating agency cited a liquidity boost from its sewer-system sale.

Washington State is without a multi-billion dollar capital budget to allow debt issuance for public needs, in what the state treasurer says is a further reflection of how “new politics” is undermining the municipal market.

The New York State Financial Control Board on Wednesday said that New York City’s finances are in good shape and that the city’s doesn’t need a resumption of state control.

The Puerto Rico Oversight Board on Friday may institute mandatory government furloughs opposed by Gov. Ricardo Rosselló.

Increased state aid can stabilize Indiana schools' credit for a couple of years, but benefits will ultimately be offset by higher costs, S&P says.

Chicago’s rising pension costs and other budgetary pressures cast a wide shadow over big gains the city has made in whittling down its structural budget.

Pontiac and Lincoln Park, two Michigan cities, gain control over their internal operations and finances.

To make sure Puerto Rico’s government only spends on what it believes to be necessary, it has instituted a 5% spending freeze on its departments.

Illinois Gov. Bruce Rauner reshaped a school funding bill Tuesday, cutting CPS' piece of the pie.

Marion County and Indianapolis council approved the first $20 million in financing for a new criminal justice center.

After months of deliberation, standoffs and subsequent silence, the Rhode Island legislature has come to an agreement on a budget for fiscal 2018.