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The Financial Oversight and Management Board for Puerto Rico approved the plan by a 6-1 vote Thursday after negotiations with the commonwealth’s government failed.
April 20 -
The proposed dual-track rail tunnel connecting New Jersey and Manhattan is opposed by President Trump even though the White House says it is expediting approval of major infrastructure projects.
April 11 -
The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.
By Andrew Coen-February 27 -
The plan calls for up to $55 million of borrowing to fund 2015 state health and pension benefits.
By Andrew Coen-February 22 -
Provisions in New York Gov. Andrew Cuomo’s $168.2 billion budget proposal would weaken checks and balances on spending, according to Tom DiNapoli.
By Andrew Coen-February 15 -
A proposal to allow greater flexibility for note sales was blocked.
By Andrew Coen-February 7 -
Increased use of battery storage may further disrupt a public power industry already in transition, experts told municipal bond professionals.
By Andrew Coen-January 19 -
The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.
By Andrew Coen-December 14 -
The state government's rising debt burden underscores the need for overhauls to the state’s borrowing rules, according to State Comptroller Thomas DiNapoli.
By Andrew Coen-December 14 -
Liz Muoio would become just the second woman to hold the office.
By Andrew Coen-December 13