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News Archive


Category: Finance

  • Homepage, Finance

    Finance Director Hartzell Resigning

    January 02 2020
    The city of Allentown will be in the market for a new director of finance.
  • Homepage, Finance

    Moody's Improves Outlook

    January 02 2020
    The city’s credit outlook is getting a boost.
  • Homepage, Finance

    O'Connell Delivers No-Tax-Increase Budget

    October 30 2019
    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.
  • Homepage, Finance

    Allentown 2018 CAFR Completed

    August 02 2019
    The City of Allentown has released to the public its Comprehensive Annual Financial Report (CAFR) for calendar year 2018.
  • Homepage, Finance

    Purchasing Bureau Meeting with Contractors

    June 03 2019
    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.
  • Homepage, Finance

    S&P Issues City Bond Rating

    March 27 2019
    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.
  • Homepage, Finance

    GFOA Recognizes City CAFR

    March 12 2019
    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.
  • Homepage, Finance

    City Awarded Financial Management Grant

    November 20 2018
    The City of Allentown will be getting some financial planning assistance.
  • Homepage, Mayor's Office, Finance

    O'Connell Presents Proposed 2019 City Budget

    November 06 2018
    Allentown Mayor Ray O’Connell presented his proposed 2019 city budget to City Council Monday night.
  • Homepage, Finance

    Moody's Affirms City's Debt Rating

    August 13 2018
    Moody's Investors Service has affirmed the city of Allentown’s A3 General Obligation debt rating, but revised its outlook to negative from stable.
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