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A Lackawanna County court says a state law that caps tax rates supersedes city home-rule provisions.
August 9 -
Moody's Investors Service has upgraded to Aa2 from Aa3 the long-term joint support letter of credit (LOC)-backed ratings of the City of Philadelphia, Pennsylvania Gas Works (PGW) Revenue Refunding Bonds.
August 7 -
Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.
August 7 -
WILKES-BARRE, Pa. -- The city ended 2016 with a deficit, affirming Mayor Tony George's warning that the $51.5 million general fund budget he inherited upon taking office last year would not balance.
August 4 -
"This is deeply troubling," treasurer Joe Torsella said of the commonwealth's revenue situation
August 4 -
The rating agency cited a liquidity boost from its sewer-system sale.
August 4 -
Thomas D. Zoidis, a former municipal finance professional in Philadelphia, died on July 27. He was 84.
August 3 -
The plan features tax increases and $1.3 billion of new borrowing.
July 27 -
The agency maintains its AA-minus rating on the commonwealth while awaiting a revenue package.
July 26 -
President Trump's impact on public finance will be explored at the next Philadelphia Area Municipal Analysts Society meeting Thursday.
July 24