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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.
November 11 -
Some of the largest school districts in Texas are coping with falling enrollment amid growing bond programs.
November 8 -
Buffalo is grappling with uncertainty following an FBI investigation of a city agency on the heels of a credit downgrade stemming from past deficit woes.
November 7 -
Kenneth Potts, senior vice president and portfolio manager at Fiera Capital, checks in on the state of the municipal bond market. He talks about the effect of the SALT deduction on high-tax states and supply and demand factors in this podcast recorded in September. Chip Barnett hosts.
November 7 -
New York City voters take the first step to include a formal rainy day fund in the budget process.
November 6 -
Transportation Secretary James Trogdon says Dale Folwell's allegations of overspending are unsupported.
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