Budgets

Lori Lightfoot, in her first race for elective office, will face Toni Preckwinkle, the Cook County board president, in an April 2 runoff.

The ruling affirmed a lower court ruling that dismissed a claim by the commonwealth’s Legislative Assembly that the board exceeded its power.

New York City's gross city product grew 3.9% in the fourth quarter of 2018.

Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.

NYC budget watchdogs credited the mayor efforts to restrain spending before an expected economic slump, though some said he didn't go far enough.

As Philadelphia Mayor Jim Kenney gears up for his next budget proposal, city officials are focused on keeping healthy fund balance levels.

The New York mayor, as he released the $92.9 billion plan, warned of a possible second federal shutdown, looming state aid cuts and a national economic slowdown.

At BB-minus, the city remains three notches below investment grade. A changed rating methodology for priority-lien revenue debt also pushed $430 million of bonds to speculative grade.

With extreme weather more frequent, investors and rating agencies are scrutinizing the effects of resiliency measures on municipal budgets and reserve levels.

The compromise does not include a full federal takeover of the New York City Housing Authority, which the federal agency had threatened.

Improved financial conditions bolstered by additional state aid drove cash-strapped Jamestown, New York back to investment grade following years of budget deficits.

Ronnie Lowenstein, director of the Independent Budget Office, weighs the city's fiscal picture against the backdrop of economic and Washington uncertainty. Chip Barnett and Paul Burton host.

New York Mayor Bill de Blasio's initiative aims to improve practices at the Department of Design and Construction, the city's leading construction management agency.

As the board delayed a vote on fare and toll increases, transit funding, performance metrics and the L-train tunnel project chaos permeated discussion.

The seat of Niagara County was raised to A3 by Moody's Investors Service.

The courts will decide whether the city must make up shortfalls in tax levy collections to cover the pension contributions.

An arbitration decision against the tribe in connection with a revenue-sharing agreement is good for the city, according to Moody’s.

Rhode Island Gov. Gina Raimondo submitted a $9.9 billion fiscal 2020 plan to lawmakers, which anticipates $6.5 million from the legalization of recreational marijuana.

Public housing and a raft of social service programs are at serious risk with a continued federal government shutdown, New York Mayor Bill de Blasio said.

The governor's tunnel plan tweak and call for even firmer control of the MTA reignited conflict among the state, New York City and the transit authority.