The city of Allentown will be in the market for a new director of finance.

The city’s credit outlook is getting a boost.

Mayor Ray O’Connell delivered his proposed 2020 city budget to City Council this afternoon. The approximately $119 million spending plan holds the property tax rate stable at 7.31 mills.

The City of Allentown has released to the public its Comprehensive Annual Financial Report (CAFR) for calendar year 2018.

The City of Allentown Purchasing Bureau is scheduling an information session for Lehigh Valley contractors. They are invited to attend a presentation and participate in an open dialogue on Thursday, July 18 at 9:00am in City Council Chambers.

Standard & Poor’s has affirmed the City of Allentown's General Obligation Bond ”A” rating for the pending refinancing of approximately $12.5 million in pension obligation bonds.

The Government Finance Officers Association of the United States and Canada (GFOA) is recognizing the City of Allentown’s 2017 Comprehensive Annual Financial Report (CAFR) with a Certificate of Achievement.

The City of Allentown will be getting some financial planning assistance.

Allentown Mayor Ray O’Connell presented his proposed 2019 city budget to City Council Monday night.

Moody's Investors Service has affirmed the city of Allentown’s A3 General Obligation debt rating, but revised its outlook to negative from stable.