Budgets

The budget has become a bone of contention between the mayor and city council members.

A conservative budgeting approach in the wake of severe fiscal distress led S&P Global Ratings to revise its outlook to positive.

Philadelphia City Controller Rebecca Rhynhart discusses her election victory last year knocking off a longtime incumbent along with some of the city’s most pressing fiscal issues including a controversial soda tax and whether to continue providing abatements on new construction. Andrew Coen hosts.

The consent decree that New York City has signed with federal prosecutors over problems at the Housing Authority will not have a negative impact on the $89.15 billion Fiscal 2019 budget.

The new plan keeps property taxes flat and shows the city's continued progress in righting its fiscal ship, according to a state governing body.

City officials repealed the tax saying they feared they would lose at the ballot.

Mayor Bill de Blasio and the City Council face a raft of uncertainties about their third straight early budget.

The City Council approved a budget that includes $559 million for infrastructure.

The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.

The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.

The Illinois Municipal Retirement Fund's new power to intercept Harvey's pool of state revenues complicates settlement efforts with the city's public safety funds.

Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.

Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.

Long Beach and Burbank voters approved measures that allow municipal utilities to transfer revenue to their general funds.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.

After the passage of a $38.5 million budget for fiscal 2019, what’s next for Illinois? Yvette Shields, The Bond Buyer’s Midwest Bureau Chief, drills down to look at some of the problems the state still faces and the prognosis for the post-election atmosphere. Chip Barnett hosts.

Diverging economies and operating predictability shape the differences between the New England neighbors, said S&P.

New York City's surplus for Fiscal 2018 will be used to help balance the Fiscal 2019 budget.

New York City’s regulatory and tax oversight of businesses is a balancing act between the desire to increase revenues and to improve human behaviors, according to an urban planning expert.