Budgets

Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.

Hartford's council authorized an agreement for the state to pay the city's debt over two decades while accepting state oversight.

The city has underfunded pensions and plans to increase spending to support its school district.

The Philadelphia School District received approval for the framework of a 5% budget increase from its lame duck governing body.

Detroit's affordable housing plan would give developers access to private activity bonds associated with Michigan’s 4% tax credit program.

While state lawmakers have approved limited use, notably for the city's housing authority, city officials want to use the method across the board.

Reno's ratings raised to A-plus with an economic boost from tech companies.

Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.

The loan would provide funds for capital improvements which were supposed to be funded by $10 million in bond proceeds the school district misused.

They say the city’s massive capital program needs right-sizing to solve a problem that goes back several administrations.