Michelle Kaske

Nassau County residents this summer could weigh in on a $400 million borrowing to help finance two new sports facilities on Long Island.

Private operators will take the reins from a New Jersey state agency and oversee horse racing tracks in the Meadowlands and Monmouth Park.

The Massachusetts Institute of Technology last week sold $750 million of taxable bonds that mature in 100 years.

Rhode Island Gov. Lincoln Chafee Tuesday said Central Falls must act quickly to get its finances in order so it can maintain critical city services.

The Massachusetts Water Resources Authority will issue $150 million of senior revenue bonds this week to help finance water and sewer projects in the Boston area.

New York City Mayor Michael Bloomberg Friday released a $66 billion executive budget for fiscal 2012.

Puerto Rico’s general fund revenues from July through March total $5.05 billion, just $11 million more than budgeted estimates.

Pennsylvania’s year-to-date revenue collections are $506 million above budgeted estimates as the state’s personal and business tax receipts and sales-tax revenue showed strong results in April.

Acacia Financial Group will assist New Jersey on restructuring New Jersey Sports and Exposition Authority bonds to reduce debt-service costs in fiscal 2012.

Connecticut Gov. Dannel Malloy last week signed into law a $40 billion biennial budget that includes across-the-board tax increases and relies upon $2 billion of projected employee savings.

Puerto Rico faces a potential credit rating downgrade from Moody’s Investors Service as it heads to market with its first new-money general obligation bond issuance in more than two years.

NEW YORK - Moody’s Investors Service on Tuesday placed $28 billion of Puerto Rico debt on watchlist for possible downgrade.

The New Jersey Transportation Trust Fund Authority Wednesday will issue $600 million of state appropriation-backed debt after Moody’s Investors Service downgraded such bonds last week to A1 from Aa3.

Connecticut this week will issue $353 million of general obligation bonds, including $337.6 million of SIFMA index bonds, to retire bond anticipation notes that are coming due.

Long Island Power Authority chairman Howard Steinberg last week said the energy provider would benefit from privatization following Gov. Andrew Cuomo’s decision to audit the energy utility.

The New Jersey Turnpike Authority will continue to collect its own tolls rather than outsource manual toll collection services to a private company.

Fitch Ratings last week upgraded Fairleigh Dickinson University to BBB from BBB-minus, as the private institution has shown positive operating margins during the past few years.

Gov. Chris Christie will revive the stalled Xanadu amusement complex at the Meadowlands in northeastern New Jersey with the help of nearly $200 million of state financing.

The Massachusetts Development Finance Agency this week will issue $353.4 million of tax-exempt and taxable debt on behalf of the Broad Institute Inc., a biomedical research facility, to help finance a new laboratory and building in Cambridge.

New York's Metropolitan Transportation Authority Thursday announced that it plans to sell three buildings on Madison Avenue in midtown Manhattan to raise about $150 million.