Budgets

The county wanted to borrow to cover a $46 million judgment that was paid from its 2018 operating budget to two men exonerated from a 1980s murder conviction.

California's highest court said city officials failed to negotiate with labor unions before bringing its pension overhaul to a vote.

The State Bond Commission approved a $10 million study on reviving tolls against a backdrop of revenue strain and regional dynamics.

The board has identified more than 110 out of 490 local units of government as having an underfunded pension plan or retirement health care plan — or both.

Strong economic conditions drove municipal sales tax collection across New York to its highest first-half increase in eight years.

Stephen Eide of the Manhattan Institute explores the unfunded liability problems in the state's biggest communities. Paul Burton hosts.

The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.

The school district's borrowing plans got a boost Thursday from S&P Global Ratings, which upgraded it to B-plus from B.

The New York State Financial Control Board went into "sunset mode" for a 32nd straight year.

The fund returned 8.03% in FY18, ahead of its 7% annual target and ahead of its own benchmark, which returned 7.59%.