Budgets

While New York MTA's proposed 2.4% bump in its five-year capital program involved no new funds, it generated spirited debate on several fronts.

A $2.1 million bond measure to fund employee-leave obligation payments failed in the city council.

The budget watchdog formed a committee to seek Kellermann's replacement.

New York mayor Bill de Blasio claimed progress in addressing the challenges of population growth, aging infrastructure, increasing inequality, and climate change.

The action set the stage for the city’s exit from direct state supervision later this month.

Illinois remains delinquent on transit aid payments, highlighting the need for RTA's working cash authorization.

Flint's pension liabilities are underfunded, its OPEB liabilities are not funded at all, and it faces a looming infrastructure bill.

Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.

Mayor Eric Garcetti painted a picture of a thriving Los Angeles yet called homelessness "the issue."

The rating actions came after the state agreed to assume the city's GO debt.