Michelle Kaske

The Perth Amboy Board of Education is unlikely to appeal last week’s Appellate Court decision that upheld New Jersey Gov. Chris Christie’s executive order requiring school districts to use surplus funds to offset cuts in state aid, the board’s superintendant said.

The Massachusetts Port Authority last week approved its expected acquisition of the Worcester Regional Airport from the city of Worcester.

The New Jersey Educational Facilities Authority is seeking requests for qualifications to provide it with post-issuance analysis for tax-compliance issues.

Here comes the private sector.

Massachusetts on Wednesday announced plans beginning this week to issue its final fiscal 2010 new-money general obligation bond offering, $250 million of tax-exempts geared toward retail ­investors.

A Port Authority of New York and New Jersey official reassured New Jersey lawmakers yesterday that the agency is moving quickly to update or replace the Bayonne Bridge, a move that would potentially increase shipping activity in the area.

New Jersey is juggling two different underwriting-selection processes as it prepares for a new-money Transportation Trust Fund Authority deal and a general obligation refinancing.

Those looking for more Philadelphia Eagles post-game commentary from Pennsylvania Gov. Edward Rendell may get it after he leaves office in January, but before then he must finalize a tough fiscal 2011 budget and fill a $472.5 million transportation funding gap for next year.

The Massachusetts School Building Authority Wednesday will issue $151 million of taxable qualified school construction bonds secured by a subordinate lien on dedicated sales tax revenue.

The federal government and 10 East Coast governors last week created the Atlantic Offshore Wind Energy Consortium to help facilitate commercial wind development in the region.

New Jersey lawmakers are working on an initiative that would create a new bonding agency, the Monmouth Economic Revitalization Authority, to help transform an inactive Army base into a mixed-use development.

To help lower its high property taxes, New Jersey should examine school district spending rather than placing a 2.5% property tax levy cap on local governments, a Center on Budget and Policy Priorities report suggested.

HARRISBURG, Pa. - Pennsylvania Gov. Edward Rendell Wednesday night urged the Harrisburg city council to lease municipal assets to meet debt obligations rather than filing for bankruptcy or seeking state oversight under Act 47.

Puerto Rico will refund prior Puerto Rico Highways and Transportation Authority debt next week before heading to market with a combined new-money and refunding sales-tax bond deal.

The University of Puerto Rico is seeking more revenue from its student body to help close an estimated $166 million deficit for the upcoming school year and support capital projects.

Newark, the largest city in New Jersey, Wednesday will sell $175.3 million of debt via competitive bid in its first new-money general obligation bond sale in several years.

Pennsylvania Gov. Edward Rendell last week announced 46 school districts that will receive proceeds from upcoming qualified school construction bonds.

Gov. Chris Christie last week launched Choose New Jersey, an independent, nonprofit corporation that aims to promote business growth and retention in the state.

After scrapping a plan to get more taxes from video lottery terminals, Puerto Rico officials must find $220 million from additional spending cuts and revenue initiatives before the end of the month to balance a proposed $9.2 billion fiscal 2011 budget.

An ongoing student strike at the University of Puerto Rico has placed the school semester on hold, but the standoff does not affect its ability to repay its $569 million of outstanding bonds, according to a university official.