Michelle Kaske

New Hampshire Thursday will enter the market with its ­first-ever Garvee sale, a $77.1 million deal that includes $60 ­million of taxable recovery zone economic development bonds.

Pennsylvania Gov. Edward Rendell last week issued a moratorium on additional natural-gas drilling on state forest land.

The Internal Revenue Service is auditing the New Jersey Turnpike Authority’s $1.37 billion of Series 2009F Build America Bonds in a routine examination.

A $220 million Pittsburgh Parking Authority borrowing plan hit a snag Thursday as the agency’s board voted against hiring bond professionals to help structure the debt sale.

New Jersey Gov. Chris ­Christie Wednesday ended an $8.7 billion mass-transit tunnel project and rejected U.S. Secretary of Transportation Ray LaHood’s financing suggestions that would have addressed potential cost overruns on the nation’s largest public transportation project.

New Jersey Gov. Chris Christie Wednesday ended an $8.7 billion mass-transit tunnel project that would have doubled commuter rail capacity between the Garden State and Manhattan.

Pittsburgh’s City Council Tuesday approved a $220 million Pittsburgh Parking Authority bond deal that aims to prevent a state takeover of the city’s pension system.

Puerto Rico Gov. Luis Fortuño Monday evening released an expansive tax-reform initiative to slash individual and business taxes by $1.2 billion per year, on average, between 2011 and 2016.

New York’s Metropolitan Transportation Authority is looking to sell more than $1 billion of tax-exempt debt next month, including a $250 million remarketing of variable-rate debt as fixed rate.

Pennsylvania’s next governor will help determine a potential tax on natural gas drilling as an agreement on the issue between the state legislature and outgoing Gov. Edward Rendell is unlikely.

Moody’s Investors Service last week downgraded East Orange to A2 from A1 and assigned a negative outlook after the city experienced three consecutive years of declining fund balances.

Maine will spend $20.1 million to buy 233 miles of rail lines to retain freight-rail service in the state’s northeast sector.

New Jersey Gov. Chris Christie will continue to mull over the fate of the nation’s largest mass-transit project instead of announcing a decision this week as expected on a $8.7 billion commuter-rail tunnel between New Jersey and Manhattan.

A special commission last week recommended that Puerto Rico strengthen its pension systems by increasing employer and worker contributions, raising the retirement age, and placing limits on pension benefits, among other measures.

A special commission this week recommended that Puerto Rico strengthen its pension systems by increasing employer and worker contributions, raising the retirement age, and placing limits on pension benefits, among other measures.

NEW YORK - New Jersey Gov. Chris Christie will continue to mull over the fate of the nation’s largest mass-transit project, instead of announcing a decision this week as expected on the $8.7 billion commuter-rail tunnel linking New Jersey and Manhattan.

The Port Authority of New York and New Jersey Thursday moved forward with a freight-rail expansion program while offering little information on the future of a new passenger-rail tunnel that would run between New Jersey and Manhattan.

Pittsburgh’s City Council gave preliminary approval Wednesday to a $220 million borrowing plan for the Pittsburgh Parking Authority that would help keep the city’s pension system out of state control.

Harrisburg could gain $60 million by the end of the year as the Harrisburg Parking Authority in December plans to restructure all of its $105 million of outstanding debt and pass new-money proceeds to the city.

Pittsburgh will not receive $451.6 million in a 50-year parking-lease agreement with a private operator, as its City Council Tuesday rejected the plan.