Paul Burton

There's ample blame for Harrisburg's debt crisis, the operator of the incinerator in Pennsylvania's capital city said in a 133-page forensic investigation report released Wednesday.

Five days after it placed Woonsocket, R.I., on review for downgrade, Moody's Investors Service lowered the city's long-term general obligation rating to Ba2 from Ba1, affecting $225 million of parity debt.

The Port Authority of New York and New Jersey plans to auction $400 million of 171st Series consolidated bonds to support capital projects.

New York Gov. Andrew Cuomo on Tuesday introduced his fiscal 2012-13 executive budget. The $132.5 billion spending plan marks a decrease of $225 million from 2011-12. The recommendations cut the projected four-year deficit by more than half, to $7.4 billion from $16.4 billion.

A bill to provide East Providence a $12.6 million advance on state education aid to prevent it from running out of cash Friday is headed for Rhode Island’s Senate.

Calling it "the most talked-about empty building in the Bronx," New York City Mayor Michael Bloomberg announced on Thursday an initiative to redevelop the site of the Kingsbridge Armory.

Nassau County, N.Y., won a court case last week in a dispute over payment of tax rebates to homeowners, but the county can expect a court challenge.

New York State Comptroller Thomas DiNapoli's office will initiate an audit of Nassau County's contracting procedures, which a state board that oversees the county's finances had requested last month.

Harrisburg's City Council has delayed a vote on overriding mayor Linda Thompson's veto of the $54.3 million annual budget, citing a law that requires a three-day waiting period after the veto.

Dire warnings about the future of the Pennsylvania Turnpike Commission based on a $450 million-per-year infrastructure payment requirement are overstated, according to a research report.

Bond lawyers and restructuring experts agreed that bankruptcy court approval of pension agreements between Central Falls, R.I., and its retirees and public sector unions is good for the bond market.

The New York Senate on Monday confirmed Gov. Andrew Cuomo's nomination of Joseph Lhota as chairman and chief executive of the Metropolitan Transportation Authority, which runs New York City's transit system.

Suffolk County, N.Y., armed with a new executive and stung by adverse rating actions, has formed a task force to review its operating budget.

Patrick Rogers will resign Friday as chief of staff and executive counsel to Rhode Island Gov. Lincoln Chafee. George Zainyeh will succeed him.

Rhode Island General Treasurer Gina Raimondo, who championed the state law that changed the pension system for public employees, received the 2011 Urban Innovator Award from the Manhattan Institute for Public Research.

Gloria Martin-Roberts is the latest Harrisburg City Council member to announce her candidacy for state representative in the 103rd Legislative District.

The Maine Municipal Bond Bank has scheduled a bond sale for the week of April 25, its board confirmed Thursday.

Connecticut and Jackson Laboratory finalized their agreement for the Bar Harbor, Maine, company to build a $1.1 billion personalized-medicine laboratory at the University of Connecticut Health Center in Farmington.

"Questionable practices" regarding the financings of the incinerator retrofit project in Harrisburg, Pa., merit a further investigation by the Internal Revenue Service and the Securities and Exchange Commission, the attorney for the City Council said in a report issued Friday.

Casino dominoes are toppling in the Northeast as states scramble to obtain or preserve gambling revenue, often packaging the initiatives as job creation in a shaky economy.