Paul Burton

Gov. Lincoln Chafee signed Rhode Island's $8.1 billion budget, but warned that storm clouds still hover over the state's cities and towns.

Fearing the loss of casino revenue to a neighboring state, Rhode Island's General Assembly passed an end-of-session bill that gives the state 18% of the take from table games at its Twin River and Newport Grand facilities, should voters approve an enabling referendum this fall.

The Wadsworth Atheneum received a $2 million grant from the Connecticut Bond Commission, helping the Hartford art museum launch the second phase of a renovation project.

Scranton styles itself as "The Electric City," but ongoing financial problems, combined with the discord on display at a City Council meeting last week, raise questions about its ability to keep the lights on at its 19th-century Gothic Revival City Hall.

The Scranton City Council reversed itself Thursday night and approved a transfer of $1 million to the city’s parking authority to make an overdue bond payment.

The New York City Municipal Water Finance Authority plans to sell $450 million of fixed-rate, tax-exempt new money bonds on Tuesday, after a one-day retail order period.

Woonsocket school officials are asking Rhode Islandto take over the district immediately.

Harrisburg's new state-appointed receiver wants the City Council to approve two hires and a tax increase under the proposed financial recovery plan for Pennsylvania's capital by Monday, or he might ask the Commonwealth Court to force the city to implement them.

Receivership looms for Woonsocket, R.I., after a bill allowing the city to assess a 13% supplemental property tax levy to cover a $10 million budget gap died in the Rhode Island House early Wednesday.

The Massachusetts House on Wednesday will take up a bill to close most of the $51 million deficit in the Massachusetts Bay Transportation Authority’s budget for the fiscal year beginning July 1.

New York City’s Department of Transportation on Monday issued a request for statements of qualifications to operate its 81,000 street meters in a private management agreement.

Connecticut has scheduled a $518 million general obligation refunding bond sale for Tuesday, while concerns mount over the state’s dwindling available cash and the possible need for extra borrowing to pay bills.

The analogy hit Anthony Figliola right away when 38 Studios, Curt Schilling's beleaguered video-game company in Providence, filed for bankruptcy.

Pennsylvania Senate Democrats have introduced a $2.8 billion plan they say would upgrade the commonwealth’s infrastructure.

A Dauphin County judge sided with the Harrisburg, Pa., controller and treasurer in a dispute with Mayor Linda Thompson over the right to authorize electronic payroll.

The New York City Transitional Finance Authority sold $1 billion of future tax-secured fixed-rate subordinate bonds, including $800 million of tax-exempt new-money bonds, $100 million of taxable qualified school construction bonds and $100 million of taxable new-money bonds.

The Massachusetts Water Pollution Abatement Trust became the first state revolving fund in the country to sell its bonds through a combined offering of negotiated and competitive sale processes, according to Massachusetts Treasurer Steven Grossman’s office.

Connecticut is providing a $3 million loan to help pigment-maker Tronox Inc. establish its corporate headquarters in Stamford, Gov. Dannel Malloy announced.

Moody’s Investors Service downgraded Groton, Conn.’s long-term general obligation rating to Aa3 from Aa2 and affirmed a negative outlook.

The Scranton, Pa., City Council agreed to reconsider covering a $1 million debt payment to the Scranton Parking Authority, which is now in default.