Budgets

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

It’s Democrat vs. Democrat with Gov. Phil Murphy and legislative leaders debating competing spending plans as the July 1 deadline quickly approaches.

A city called the "double black diamond" of car driving is at the epicenter for autonomous-vehicle testing.

Cook County, Illinois president says new taxes or fees are on table to close the shortfall.

A proposal to establish such a fund, as opposed to the current mechanism for reserves, is headed for the November ballot.

A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.

The FY 2020 budget adds $250 million in new reserves to the executive budget Mayor Bill de Blasio presented in April.

Karen Freeman-Wilson says without the bond deal to leverage the city's public safety building, Gary will end the fiscal year $42.5 million in the red.

A tighter cap on local property tax rates for some cities and counties will factor negatively into future bond ratings, analysts warn.

New Mayor Lori Lightfoot shows a commitment to maintaining investor relations that helps the city's access to the bond market

As the district braces for possible state receivership, Pennsylvania Auditor General Eugene DePasquale calls for a 'real-time' audit.

The Long Island township has paid off most of more than $20 million of deficit bonds it sold in 2010 and 2011.

Nick Sifuentes of the Tri-State Transportation Campaign explores ways to unravel the metro New York commuter mess. Paul Burton and Andrew Coen host.

A judge denied Chicago's request for a restraining order to stop the state comptroller from intercepting state grant money on behalf of city pension funds.

Amid the national debate over state and city incentives for corporations, artificial intelligence and immigration have emerged as new phenomena, a site selection expert says.

Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.

Congestion pricing and other promised streams still leave unanswered questions for New York's transit agency.

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

New York Mayor Bill de Blasio has touted his administration's record levels of reserves. Whether they can sustain a downturn is up for debate.