Michelle Kaske

New York Gov. Andrew Cuomo Wednesday unveiled a pension reform plan that, if enacted, would save the state and localities outside of New York City $93 billion over 30 years.

Connecticut may implement tolls and possibly leverage that revenue stream to help finance a potential $1 billion Route 11 extension project in the southeastern portion of the state.

New York City Tuesday will issue $213.5 million of general obligation debt through competitive bid, including $130 million of taxable bonds.

Massachusetts’ largest public transportation agency Tuesday will leverage future parking revenues through a newly formed nonprofit entity to pay down outstanding debt and provide near-term budget relief.

Puerto Rico Gov. Luis Fortuño Wednesday signed into law a $304 million general obligation bond bill that will help support transportation and other capital needs throughout the island.

Maine plans to issue $116.8 million of general obligation bonds through competitive bid, the first time the state will sell long-term debt competitively since 1990.

The Dormitory Authority of the State of New York Thursday will sell $684.2 million of tax-exempt and taxable personal-income tax revenue bonds through competitive bid.

The Port Authority of New York and New Jersey will sell up to $1 billion of taxable bonds this summer to help finance construction of One World Trade Center in lower Manhattan.

New York City tax collections during the next four years will come in $5.56 billion above Mayor Michael Bloomberg’s revenue projections, according to a report from the city’s Independent Budget Office.

New Jersey Gov. Chris Christie Tuesday directed the Legislature to find $500 million of additional school spending in his fiscal 2012 budget after the state Supreme Court ruled that his proposed funding for schools is unconstitutional.

Massachusetts will sell $490 million of new-money general obligation debt Tuesday as the state looks to broaden its retail investor base.

The Puerto Rico Public-Private Partnerships Authority within the next three weeks will receive bids from private operators on a concession agreement for the island’s busiest toll road.

Pennsylvania Senate President Joe Scarnati last week proposed a fee on drilling for natural gas that he estimates would generate $675 million of new revenue during a five-year period.

New York Gov. Andrew Cuomo last week nominated his chief of staff, Benjamin Lawsky, to serve as superintendent of the newly formed Department of Financial Services.

New Jersey needs to create new revenue streams to help support the state’s transportation infrastructure needs, according to a report released last week by the Tri-State Transportation Campaign.

New Jersey Treasury Department officials Tuesday announced the state will collect $511 million more in revenue this year and next than previously expected.

The Museum of American Folk Art plans to sell its midtown Manhattan building to the Museum of Modern Art for $31.2 million and use the sale proceeds to pay down outstanding tax-exempt bonds that are in forbearance.

Goldman, Sachs & Co. and Wells Fargo repurchased $26.8 million of auction-rate securities from New Jersey investors affected by the failure of the auction-rate market in 2008, Attorney General Paula Dow announced Monday.

The District of Columbia sold $40 million of special obligation bonds last week on behalf of Gallaudet University, a first-ever borrowing for the school.

The Government Development Bank for Puerto Rico’s economic activity index increased slightly to 127.3 in March, as gasoline consumption fell for the second month in a row. Year over year, March’s 127.3 reading is down 1.8% from 129.7 in 2010. That is the smallest year-over-year decline since August 2007, according to the GDB’s March EAI report.