Paul Burton

Boston will go to market again on Wednesday with $238 million of new-money and refunding general obligation bonds sold through competitive bid.

Woonsocket, R.I., reeling from yet another downgrade, may not be able to avoid bankruptcy and could run out of cash in April, one lawmaker said Friday.

Suffolk County is home to Long Island's Hamptons beach resorts and carries the monicker "playground of the rich." It's also home to a projected $530 million budget deficit over three years, and the county fears it will run out of money in April.

Some Rhode Island lawmakers have little or no appetite for Gov. Lincoln Chafee’s proposal to raise the meals tax to 10%.

Standard & Poor’s revised the outlook to stable from negative and affirmed the BB-plus long-term rating on the Massachusetts Development Finance Agency’s revenue bonds that were issued for Eastern Nazarene College of Quincy, Mass.

The board of the recently created Connecticut Airport Authority has hired Bridgeport law firm Pullman & Comley LLC as general counsel for one year.

The Connecticut Health and Educational Facilities Authority on Tuesday plans to competitively sell $47.8 million of Connecticut State University System revenue refunding bonds, Series L.

Harrisburg, Pa., will skip $5.3 million in general obligation bond payments due March 15, its state-appointed receiver said Friday.

Following a report that said it pays a lot more to New York's Metropolitan Transportation Authority that it gets in service, Rockland County, N.Y., officials have begun to explore a withdrawal from the MTA.

Executive Steve Bellone on Tuesday declared a fiscal emergency for Suffolk County, N.Y., after a task force issued a staggering report that warned of a $530 million deficit over three years.

The New York City Municipal Water Finance Authority intends to sell $502.2 million of fiscal 2012 Series EE second resolution, fixed-rate, tax-exempt bonds on Tuesday.

The New York Mets' owners must pay as much as $83.3 million to a trustee in advance of a trial to determine the team's level of involvement in the Bernard Madoff Ponzi scheme.

New York's Metropolitan Transportation Authority will go to market armed with a creative tool: the floating-rate note.

Connecticut will end fiscal 2012 with a general fund deficit of $20.7 million, according to Comptroller Kevin Lembo.

Rhode Island General Treasurer Gina Raimondo scheduled regional meetings designed to educate public employees about how the Rhode Island Retirement Security Act of 2011 will affect their retirement eligibility and pension benefits, as well as extended hours for retirement counselors.

Financially distressed Harrisburg, Pa., plans an eight-day auction of Wild West artifacts in mid-July, Mayor Linda Thompson announced.

The Nassau Off-Track Betting Corp. has agreed to pay harness horse-racing tracks to settle a long-running, multimillion-dollar lawsuit.

Todd Miles joined law firm Harris Beach as a partner in the public finance and economic development practice group along with the municipalities and quasi-governmental agencies team.

Moody’s Investors Service affirmed Simmons College’s Baa1 rating, and revised its rating outlook for the Massachusetts institution to positive from stable. The move affects about $182 million in debt.

When the Pennsylvania Economic Development Authority issued $107 million of debt in January to bail out defaulted bonds in connection with the 10-story Forum Place office building in Harrisburg, critics called it another incinerator-type fiasco in Pennsylvania's capital city.