Budgets

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.

The public university in Ohio is refunding lease revenue debt as it continues to deal with enrollment declines.

S&P Global Ratings revised to positive from stable the outlook on its BBB-plus rating for the long-troubled city on the Delaware River.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

William Glasgall, Senior Vice President and Director of State and Local Initiatives at the Volcker Alliance, sits down with Chip Barnett and Lynne Funk to talk about why states should bolster their rainy day funds.

Mismanagement of real-property related taxes may be shortchanging an MTA revenue stream, said city Comptroller Scott Stringer.

Budget pressuresled Fitch Ratings to downgrade New York's second-largest city to A-plus from AA-minus.

Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

Moody’s Investors Service citied continued operational and performance improvements for the upgrade to Baa1.

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.

Nassau County Executive Laura Curran's proposed 2020 fiscal year budget would keep property taxes flat for a second straight year.

Moody's credited a disciplined approach toward budgeting sales tax revenue for the upgrade to Aa1.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

Unless Congress acts, there will be $1 billion in automatic cuts to transit grants and $7.6 billion in highway aid reductions.

Gov. Gina Raimondo’s planned 20-year, $1 billion extension of a gambling technology contract with IGT sets off the state's latest bare-knuckle political fracas.