Paul Burton

New York City Transit's station repair program is progressing too slowly, said a report from State Comptroller Thomas DiNapoli.

A lease the Pennsylvania government signed for the Harrisburg Redevelopment Authority's 12-story Verizon Tower doesn't generate the revenue needed to prevent a default by the city on its debt-service guarantee for the project, said Moody's.

A Lackawanna County Court ruled that Scranton, Pa., overstepped in assessing a commuter tax on nonresidents.

Resiliency expert Alan Rubin urged New York City Mayor Bill de Blasio and Comptroller Scott Stringer to collaborate on environmental initiatives, including green bonds.

The city treasury of Harrisburg, Pa., is free of security breaches, its interim treasurer said, after an investigation that followed his predecessor's arrest for theft from two local nonprofits.

The MTA's Metro-North Railroad and Mount Vernon, N.Y., will work to replace up to three priority bridges that carry vehicular traffic, said Gov. Andrew Cuomo.

Pennsylvania's P3 board approved a project seeking a private partner to develop clean-burning compressed natural gas fueling stations at public transit agencies statewide.

The Massachusetts Development Finance Agency is soliciting nominations from so called "gateway" cities for investments that can trigger sustained economic development.

Connecticut will come to market with a $730 million sale of special tax obligation transportation infrastructure bonds, including $130 million in refunding.

Standard & Poor's handed Pennsylvania its third GO downgrade in three months and second in a week, lowering it to AA-minus from AA.

Redesigning local waste collection would save New York City about $300 million per year long term, said the Citizens Budget Commission watchdog group.

Gov. Tom Corbett and his staff derided as campaign "silly season" the alarm bells raised by Pennsylvania's treasurer and auditor general over Pennsylvania's recent short-term borrowing.

New York's MTA intends to pitch the city, state and federal government and corporate leaders to help cover its $15.2 billion capital program gap. Otherwise, it will have to borrow more.

New York City Comptroller Scott Stringer has called for the city to issue environmental, or green bonds, as part of its debt package over four years.

Another bond-rating hammer falls on Pennsylvania as Fitch downgrades the state's GO bonds to AA-minus.

New York's MTA will propose a four-year capital plan that assumes a $15.2 billion funding gap, according to authority documents.

New York's MTA intends to remarket $148 million of Triborough Bridge and Tunnel Authority subordinate revenue variable rate bonds in October, an official told the finance committee.

Standard & Poor's raises its long-term and underlying ratings to AA-plus on New York City Housing Development Corp. bonds known as the open resolution.

Rhode Island Secretary of State Ralph Mollis intends to seek a steeper fine, if one is warranted, against a lawyer accused of wrongly lobbying for the 38 Studios financing bill.

While New York's MTA is about to propose its four-year capital plan, such plans in the future could reflect vastly changing demographic patterns.