Paul Burton

Fitch Ratings revised the general obligation outlook of Woonsocket, R.I., to stable from negative while affirming its B rating.

Connecticut leaders mourned the death of Donald Irwin, 86, who served two terms in Congress and a two-year term as state treasurer.

The Securities and Exchange Commission will pursue no enforcement action against Rhode Island over its pension financial disclosures, Treasurer Gina Raimondo said.

The University of Connecticut this week will sell $225 million GO new money and refunding bonds, to fund work on its health center and other campuses.

Massachusetts wants investor feedback about a rolling offering of general obligation bonds for retail investors.

Eliot Spitzer's announced candidacy for New York City comptroller will jolt what normally is a dormant race for an office that oversees the city's bond program.

A New York State appellate court's upholding of the Metropolitan Transportation Authority's payroll mobility tax is a credit positive for the transit agency, Moody's Investors Service said Monday.

New York City sold $12.8 billion of bonds in fiscal 2013 including $6.8 billion in new-money and $6 billion in refinancings, Deputy Comptroller Carol Kostik said.

Although Pennsylvania lawmakers scrambled to pass a budget on time, Gov. Tom Corbett's major initiatives – pensions, transportation and liquor – all stalled.

Pennsylvania Turnpike Commission CEO Mark Compton named three persons to a committee to review contracting practices in the aftermath of a pay-to-play scandal.

Rhode Island lawmakers on Tuesday voted for a 10-cent toll on the Sakonnet River Bridge until April while a state agency considers an alternative funding plan.

Former state Assemblyman Jerry Kremer wants New York City to allow and promote European-style youth hostels, saying the move would bring millions in tourist money.

Fitch revised its outlook on Connecticut's GO bonds to negative, but state budget director Ben Barnes does not expect the change to push up borrowing costs.

David Unkovic, the former state-appointed receiver for Harrisburg, Pa., has joined the public finance group of law firm McNees Wallace & Nurick.

Moody's removed Rhode Island's GO debt from review for downgrade after the state passed an $8.2 billion budget that included a $2.5 million 38 Studios bond payment.

Massachusetts lawmakers on Monday sent a $34 billion budget for fiscal 2014 to Gov. Deval Patrick, who has 10 days to review the spending plan.

Gov. Tom Corbett signed Pennsylvania's $28.4 billion budget, but liquor privatization, a transportation bill and pension overhaul remain on hold.

A New York State appellate court has reversed a lower court and upheld the constitutionality of the Metropolitan Transportation Authority's payroll mobility tax.

Pennsylvania's legislature is bracing for Saturday and Sunday sessions as a deadline to act on Gov. Tom Corbett's $28.4 billion proposed budget looms.

Pittsburgh belted an unusual triple when Standard & Poor's raised its long-term rating on the city's general obligation bonds by three notches, to A from BBB.