Paul Burton

Rhode Island Superior Court Judge Sarah Taft-Carter rejected a motion by state officials to dismiss a lawsuit that challenged the 2011 pension overhaul law.

New York City Comptroller Scott Stringer has formed a unit to oversee the handling of funds related to Hurricane Sandy rebuilding.

Public finance experts cite greater awareness about the need to think beyond immediate crisis management.

New York's MTA awarded two contracts valued at $628 million to East Side Access contractors who will wall more than 10,000 linear feet of newly excavated tunnels and install communications systems.

Connecticut Gov. Dannel Malloy called for several state investments in major highway, bridge and rail projects as part of a five-year capital infrastructure program.

One judge was used to the limelight, the other wasn't. But Thomas Bennett and Mary France found themselves in the glare as they oversaw high-profile Chapter 9 cases.

The municipal bond system is "set up not to be fair to the issuers," former Harrisburg receiver David Unkovic said at a conference in Pennsylvania's capital.

Harrisburg, Pa., Councilwoman Eugenia Smith died April 11 at Harrisburg Hospital, where she was rushed after becoming ill at home. She was 53. No official cause of death was immediately announced.

Amalgamated completed a $22 million refinancing with Capital Region Water, in the former Harrisburg Authority's first debt financing in more than three years.

The Massachusetts Bay Transportation Authority, which operates Greater Boston's mass transit system, intends to sell $200 million of senior sales tax bonds.

The financial plight of Harrisburg, Pa., goes far beyond incinerator debt financing, according to a Widener Law professor who is running a conference on distressed cities.

New York City Transitional Finance Authority received about $200 million of retail orders before its $760 million sale of future tax secured fixed-rate subordinate bonds.

New York City Mayor Bill de Blasio named Jacques Jiha finance commissioner.

Individual orders for the University of Connecticut UConn 2000 bond sale exceeded $168 million, which officials said was the highest level in the program's 18 years.

A Republican state lawmaker and Democratic mayors are behind an effort to overhaul Pennsylvania's municipal pension system.

A multi-year pattern of balanced budgets helped Bridgewater, Mass., regain its credibility in the capital markets.

Harrisburg, Pa., Mayor Eric Papenfuse confirmed his testimony before a state grand jury in Pittsburgh, presumably about the capital city's past financial deals.

A $300 million state allocation to New York City to finance pre-kindergarten expansion is a credit positive for the city, according to Moody's.

A Marcellus Shale impact fee will have generated about $630 million by year's end, said Pennsylvania Gov. Tom Corbett, but Democrats want a severance tax.

While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.