Connecticut Officials Joust Over Bonding Level
Connecticut lawmaker Scott Frantz said the state nearing its “soft cap” bond limit for the year should concern rating agencies.
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Pennsylvania Gov. Tom Wolf has submitted a revised amended financial recovery plan for the teetering Chester Upland School District.  more »
The New Jersey Institute of Technology (NJIT) has broken ground on a new life sciences and engineering facility financed partly by the Garden State's $750 million Building Our Future Bond Act.  more »
Pittsburgh’s state-appointed overseer is justified in withholding Pennsylvania gaming revenue by law, according to the agency’s executive director.  more »
The Government Development Bank for Puerto Rico sued a tax collection body to hand over $400 million, some of which is for payments on bonds insured by Assured Guaranty.  more »
The granting of tribal reservation status to land in Taunton, Mass., where a $500 million tribal casino is planned, is a credit negative to southeastern Massachusetts where commercial casino plans could be derailed, said Moody’s.  more »
Construction costs for the Bayonne Bridge “Raise the Roadway” project have increased and the projected completion is now two years behind schedule, the Port Authority of New York and New Jersey announced.  more »
New York State’s fourth quarter municipal bond issuance will be slightly down compared to the year ago period, according to a tentative schedule released by Comptroller Thomas DiNapoli.  more »
An old-fashioned Steel City brawl has erupted between Pittsburgh and its financial overseer over gaming revenue.  more »
The Pennsylvania Department of Transportation's P3 office is accepting unsolicited proposals for transportation projects from the private sector.  more »
Six advocacy groups are urging two key Senate Republicans to keep Congress from providing Puerto Rico with access to Chapter 9 bankruptcy protection.  more »
Atlantic City Mayor Donald Guardian wants to transform his city beyond its longtime reputation as a gambling hub.  more »
Retired Detroit bankruptcy Judge Steven Rhodes and three House members will participate in a two-day meeting in Florida later this month to come up with some solutions to address Puerto Rico’s fiscal and health care crises.  more »
MMCT Venture, a partnership between the Mohegan and Mashantucket Pequot tribes in Connecticut, released an RFP for a Hartford-area casino.  more »

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