Budgets

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.

After bureau agents raided the City Hall office and home of Mayor Bill Courtright, council members in the northeast Pennsylvania city want answers.

Jersey City's legal settlements with two major entities are a credit positive, according to Moody's Investors Service.

Guam made spending cuts and raised taxes to offset losses created by federal tax law changes passed in late 2017.

A city task force has restored nearly $40 million in unreconciled cash accounts that was driven largely by duplicate debt service entries.

The mayor said a millionaire’s tax, a transportation bond act, and congestion pricing could be used to help fund the nation's biggest subway and bus system.

Chuck Schumer, New York's senior senator and Senate Democratic leader, laid out the harm the ongoing federal government shutdown is doing to the Empire State.