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The county's recovery plan improved its structural balance and long-term liability profile, Fitch Ratings said in support of its two-notch rating boost.
December 3 -
The RTA's service boards will receive $3.7 billion in new funding from the state's $45 billion infrastructure program.
December 3 -
The State Thruway Authority adopted a $1.3 billion 2020 budget that lowers spending by 2.4% after a debt refinancing.
December 2 -
Mayor Lori Lightfoot's first budget cleared the City Council on a 39-11 vote.
November 26 -
The board letter's is one of the first signs of friction with Gov. Wanda Vázquez, who took office in August.
November 26 -
The county’s $3.11 billion 2020 budget represents progress toward achieving structural balance despite $50 million in risk, according to a fiscal control board.
November 26 -
Christian Dunbar discusses his unconventional road to Philadephia city treasurer, including his childhood in Liberia and football scholarship to Temple University. Andrew Coen hosts.
November 26 -
A successful closing on the unrated deal was needed to make payments on short-term notes due on Dec. 31.
November 22 -
The upgrade reflects the city's improved operating environment and structural financial improvement, the rating agency said.
November 22 -
The budget was balanced without tax or fee hikes but rising uncompensated healthcare costs are expected to strain the county's finances.
November 22 -
NYC's November plan is up $1.6 billion, or 1.7%, from the June budget.
November 22 -
Mayor Jim Kenney’s administration has implemented a series of measures to prepare for leaner times.
November 22 -
The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.
November 20 -
Tom Kozlik of Hilltop Securities explores how pension underfunding woes continue to weigh on public finance. Paul Burton hosts.
November 19 -
The agency's repair backlog is measured in the tens of billions of dollars.
November 18 -
Mayor Lori Lightfoot says the city can manage through 2020 and will wait for the 2020 session to resurrect requests.
November 15 -
The Chicago Civic Federation supports the proposed budget despite worries
November 13 -
Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.
November 12 -
Elected officials in New York signed laws, enacted orders and proposed policies designed to help veterans.
November 11 -
A U.S. District Court ruling against the Seneca Nation of Indians should bring more revenue to Buffalo and Niagara Falls while they combat budget challenges.
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