New York MTA: Is Governance the Real Problem?
As New York MTA scurries to fund its capital plan, transit advocates debate whether governance is a funding and planning impediment.
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Recently there have been signs that Republican opposition to tax rises in New Jersey government has been cracking.  more »
West Hazleton Borough exited Pennsylvania's Act 47 program for distressed municipalities, according to Gov. Tom Corbett  more »
The Government of the U.S. Virgin Islands and the Virgin Islands Public Finance Authority filed a lawsuit this week against their former bond counsel and financial advisor, alleging they were negligent when they advised that $219.49 million of bonds issued in 2006 would be tax exempt.  more »
Maryland voters will decide whether to constitutionally prohibit lawmakers from diverting transportation-dedicated tax revenues to other purposes.  more »
Capital Region Water received a $125,000 grant to develop a green stormwater infrastructure plan for Harrisburg, Pa., from a Pennsylvania conservation agency.  more »
Puerto Rico plans to host an investor webcast on Thursday, Oct. 30.  more »
Gov. Tom Corbett announced a $66 million investment in 19 water and wastewater projects across 16 Pennsylvania counties through Pennvest.  more »
Connecticut will become the latest state to issue green bonds, state Treasurer Denise Nappier announced Wednesday.  more »
Puerto Rico's planned bond sale from the Puerto Rico Infrastructure Finance Authority may lead to or prevent a default, depending on which analyst you believe.  more »
Harrisburg, Pa., will start the clock again for yet another city treasurer after Timothy East resigned following revelations of his personal bankruptcy. He had been named to the position in September after predecessor John Campbell was charged with theft from two nonprofit groups.  more »
Timothy East became the second Harrisburg, Pa., treasurer to resign in two months, a city official confirmed late Tuesday.  more »
Pittsburgh stands to realize $3.2 million, or 5%, of present-value savings from its expected $63.3 million refunding scheduled for Oct. 22, according to city finance director Paul Leger.  more »
The Massachusetts Development Finance Agency issued a $4.1 million tax-exempt bond on behalf of Cerebral Palsy of Massachusetts.  more »

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

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