Paul Burton

A ruling by a New Jersey tax court that the Red Bull Arena soccer stadium in Harrison is a taxable property is a credit positive for that community, Moody’s Investors Service said.

Rhode Island has received 12 proposals from vendors seeking to run the state's new defined-contribution program, which pension overhaul legislation passed last fall created.

The Metropolitan Transportation Authority may get needed relief from New York State for high borrowing fees connected with refunding bond sales, its executive director said Wednesday.

Pennsylvania lawmakers and Gov. Tom Corbett are debating what to do with Chester Upland's teetering school district, in a case that has drawn statewide and even national attention.

The New York Racing Association has failed to implement significant financial reforms after its 2008 exit from Chapter 11 bankruptcy protection, according to an audit by New York State Comptroller Thomas DiNapoli released Tuesday.

The Dormitory Authority of the State of New York on Wednesday is scheduled to refund $122 million of Memorial Sloan-Kettering Cancer Center fixed-rate, tax-exempt revenue bonds, 2003 Series 1.

The New York City metropolitan region stands to lose billion of dollars through delays in infrastructure projects, the new executive director of the Port Authority of New York and New Jersey said Monday.

Gov. Dannel Malloy on Monday announced a change to Connecticut's pension funding plan that he said will avoid a spike in the state's obligation in fiscal 2032 and avert a potential crisis.

The New York City Municipal Water Finance Authority plans to sell $400 million of second-resolution, fixed-rate, tax-exempt new-money bonds Tuesday, after a one-day retail period.

A forensic audit focusing on the incinerator bond deals largely responsible for driving Harrisburg into insolvency has prompted another request for federal investigations into the transactions.

Connecticut officials reacted angrily Friday after Moody's Investors Service lowered the state's general obligation bond rating to Aa3 from Aa2.

Vermont is triple-A rated, and state auditor Tom Salmon wants to keep it that way — even if a tropical storm named Irene created havoc.

A federal bankruptcy judge’s approval of collective bargaining contracts between bankrupt Central Falls and retired employees is a credit positive for the city, according to Moody’s Investors Service.

Rhode Island General Treasurer Gina Raimondo’s office will host a workshop Tuesday for municipalities with locally administered pension plans in advance of the reporting deadline set by the recently passed Rhode Island Retirement Security Act.

William Rhodes became chairman of the public finance department at Ballard Spahr LLP, the Philadelphia law firm announced.

Philadelphia has lost $331 million in net interest payments and cancellation fees related to swaps, the Pennsylvania Budget and Policy Center wrote in a report.

New York City Comptroller John Liu’s office has launched a website, “MWBE Report Card NYC,” to track how much each city agency spends on minority- and women-owned enterprises. The address is mwbereportcardnyc.com.

Gov. Chris Christie signed a bill legalizing sports betting in New Jersey, but the move would take effect only if a federal ban on such gambling is reversed.

Moody’s Investors Service on Friday downgraded Connecticut’s general obligation bond rating to Aa3 from Aa2, affecting about $14.6 billion in outstanding general obligation bonds.

Rockland County will ask the New York Legislature for authorization to issue up to $80 million of bonds to cover its operating deficit, and to raise its sales tax by three-eighths of 1% to cover those bonds.