Paul Burton

The Pennsylvania Turnpike Commission is headed toward a fiscal pileup that could imperil the state’s entire transportation system, said state Auditor General Eugene DePasquale.

The New York City Transitional Finance Authority intends to sell roughly $1 billion of future tax-secured subordinate bonds later this month.

Fitch downgraded Connecticut's outstanding special tax obligation bonds to AA-minus from AA, citing its revised U.S. tax-supported rating criteria.

Rhode Island ended fiscal 2016 with a $167 million surplus, or $44 million more than expected, said Gov. Gina Raimondo.

Pennsylvania Auditor General Eugene DePasquale has begun an audit of Pittsburgh's public pension plan and repeated his call for statewide overhaul.

The National Development Council closed its $32 million parking system transaction with Scranton, Pa.

The New York Yankees intend to refinance more than $1 billion in tax-exempt revenue bonds issued to build their latest stadium.

Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.

Fifty years ago, Rhode Island Health and Educational Building Corp. issued a $1.6 million bond for a now-defunct biblical school. Since then it has handled roughly $7.4 billion in debt.

Connecticut's two largest pension funds exceeded benchmarks but only returned 0.26% and 0.25%, state Treasurer Denise Nappier announced.

The $2.5 billion line of credit Pennsylvania’s Treasury extended to the state to support its general fund is a credit negative, according to Moody’s.

Moody's upgrades Pennsylvania's school district pre-default enhancement program to A2 from Baa1, citing a new state law.

Brooklyn Nets owner Mikhail Prokhorov intends to refinance debt for the Barclays Center arena through a $482 million offering by the Brooklyn Area Local Development Corp.

The Rhode Island Infrastructure Bank is providing $17.2 million in financing to six communities, Gov. Gina Raimondo and General Treasurer Seth Magaziner announced.

The MTA’s New York City Transit division left more than $13 million in fines and fees on the table, according to an audit by state Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio nominated Eric Enderlin as president of the Housing Development Corp., a major player in de Blasio's affordable housing initiative.

Signs of a possible slowdown of New York City’s economy merged during the second quarter, said city Comptroller Scott Stringer.

Transit officials and advocates recalled Robert Kiley as a savvy manager who helped lead New York City’s subway and bus system out of its systematic decay.

A political brawl involving a bone-dry transportation trust fund and a pension-funding referendum continues as New Jersey lawmakers reconvene.

Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.