Budgets

Andrew Rein president of the watchdog Citizens Budget Commission, tells The Bond Buyer's Paul Burton why New York City voters on Nov. 5 should vote yes on ballot Question 4, which calls for a dedicated rainy-day fund. The state must also approve the change.

Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.

Nearly two in three finance officers in large cities predict a recession in the next year or two.

Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.

Strong investor demand for Philadelphia bonds underscores the city’s fiscal strides, according to Jim Kenney.

Wall Street had its most profitable first half in a decade; the second half remains uncertain.

The taxing and regulating of a new product that's ingested into the lungs to deliver nicotine is dealt with under federal, state and local laws. William Cox explains Kroll Bond Rating Agency's thoughts about vaping and the associated revenues for governments. John Hallacy hosts.

Lori Lightfoot would close an $838 million gap with a mix of permanent and one-time maneuvers including new taxes, spending cuts and debt restructuring.

No pension obligation bonds, scoop-and-toss, or backtracking on borrowing for operations are planned in the Chicago mayor’s budget fix.

Vineyard Wind is revealing new details of its bid to develop an offshore wind farm off the southern coast of Massachusetts, including new investments in Bridgeport to convert a section of the city's fading port complex into a robust operations and maintenance hub.