Paul Burton

Audits of two MTA commuter lines found they failed to properly manage overtime paid by funds from federal stimulus funds, said a state comptroller's report.

New York's Metropolitan Transportation Authority will receive $886 million from the U.S. Department of Transportation to further its post-Hurricane Sandy Repairs.

The board of Pennsylvania's pension fund system recommended hiring Obermayer Rebmann Maxwell & Hippel to examine allegations against former CIO Anthony Clark.

Pennsylvania's intercept program that enforces the payment of school district bonds is a positive for investors, Janney Capital Markets said in a report.

Jameson Doig, author of a book about the history of the Port Authority of New York and New Jersey, said the agency has never experienced a controversy as huge as the Bridgegate scandal.

Gov. Deval Patrick submitted his final budget to Massachusetts lawmakers Wednesday, proposing a $36 billion spending plan for fiscal 2015 that would increase spending nearly 5%.

The Massachusetts pension reserves investment trust fund returned 15.2% in calendar 2013, marking an investment gain of $7.9 billion, according to the Pension Reserves Investment Management board.

The New York City Transitional Finance Authority sold $946 million of future tax secured fixed-rate subordinate bonds.

Two lynchpin bond sales under the Harrisburg, Pa., recovery plan priced within the expected range when receivership officials filed the plan in August, according to a status report.

Boston is weighing a push for Massachusetts casino host community status even though voters in one neighborhood rejected one proposal.

State officials filed an application Thursday in the Commonwealth Court of Pennsylvania to vacate the receivership for capital city Harrisburg.

Rhode Island Gov. Lincoln Chafee proposed a $275 million bond referendum in November and a $12.5 million payment of 38 Studios moral obligation debt.

Providence, R.I., which two years ago faced what Mayor Angel Taveras called a "Category 5 Fiscal Hurricane," reported a $1.6 million surplus for fiscal 2013.

Metro-North estimated damage from the deadly commuter train derailment in the Bronx at more than $9 million, said a preliminary report from a federal agency.

Harrisburg would exit receivership while remaining under state oversight under a plan by Pennsylvania officials.

A former Pennsylvania Turnpike worker pleaded guilty and received probation in a case the judge called an "offshoot" of a pay-to-play scandal.

Standard & Poor's upgraded Series 2007civic facility revenue bonds issued for Polytechnic University after the school merger with NYU closed.

New Mayor Bill Peduto is smart to delay Pittsburgh's request to exit a state oversight program for distressed communities, capital markets observers say.

The Court of Appeals, New York State's highest court, dismissed Nassau County's legal challenge to the MTA's payroll mobility tax by refusing to hear the case.

Armed with triple-A ratings across the board, Greenwich, Conn., will sell $130 million to fund a music auditorium, a fire station and a nursing-home renovation.