Paul Burton

State Farm agreed to a three-year sponsorship deal with Pennsylvania in the first agreement under the P3 law Gov. Tom Corbett signed in 2012.

Pension obligations are no different than borrowing obligations, public finance expert Richard Ravitch told a group of investors in New York.

Pennsylvania opting in to Medicaid expansion is a credit positive for hospitals in the state, according to Wells Fargo Securities.

Robert Thompson of New York City Transit and Joan Nyron of the Pratt Center for Community Development will discuss bus rapid transit at the New York Transit Museum on Sept. 10.

Mayor Bill de Blasio's administration must secure enough funding for public housing repairs, said New York City Comptroller Scot Stringer.

University of Pennsylvania economist Kevin Gillen is the keynote speaker at the Sept. 26 meeting of the Philadelphia Area Municipal Analyst Society.

Harrisburg, Pa., recovering from the brink of bankruptcy, made its latest general obligation bond payment two weeks early.

Pennsylvania Auditor General Eugene DePasquale's warnings about Scranton's unfunded pension liability intensify debate over state and local pension liability.

The New York City Municipal Water Finance Authority plans to sell about $425 million of bonds over the next two weeks, according to officials.

The Massachusetts Bay Transportation Authority has issued an RFP for an air-rights project at its Hynes Convention Center station over the Turnpike.

Connecticut Gov. Dannel Malloy signed an agreement for major defense contractor United Technologies Corp. to invest up to $500 million to upgrade facilities, with no need for state borrowing.

New York City's Sales Tax Asset Receivable Corp. plans to sell $2 billion of tax-exempt, fixed-rate bonds on Sept. 23 after a two-day retail order period.

Cost increases to Pennsylvania's two primary pension systems are unsustainable and figure to rise by more than $600 million in 2014 and 2015, said revenue Secretary Dan Meuser.

New York City Comptroller Scott Stringer called on Congress to reauthorize the federal Export-Import Bank, citing its benefits to the local economy.

Mount Sinai and NYU Langone became the first hospitals to advertise on MetroCards, New York's Metropolitan Transportation Authority said.

Kenneth Schuhmacher, former general counsel and commercial director of Skanska Infrastructure Development North America, joined Orrick, Herrington & Sutcliffe.

The New York Transit Museum will host a discussion on bus rapid transit expansion plans in New York City's demographically changing outer boroughs on Sept. 10.

Rhode Island ended fiscal 2014 with a $68 million general fund surplus, said Gov. Lincoln Chafee.

The opening of Greater Boston's first new subway station in 27 years is a credit positive for Somerville, Mass., said Moody's Investors Service.

The National Civil War Museum spends nearly two-thirds of its funding from hotel tax revenues on salaries, said Harrisburg, Pa., Mayor Eric Papenfuse.