Paul Burton

The New York Mets confirmed that they have taken out a $40 million bridge loan with the approval of Major League Baseball.

The Harrisburg City Council will appeal a federal judge's ruling that invalidated the bankruptcy filing of Pennsylvania's capital city, according to its attorney.

Moody's Investors Service late Monday downgraded the general obligation bond rating of East Providence, R.I., three notches to Ba1 from Baa1, affecting about $22.4 million of outstanding debt.

Pension overhaul in Rhode Island has prompted the municipal finance advisor PFM Group to open an office in Providence.

Dana Levenson jumped at the chance to be chief financial officer of the Massachusetts Department of Transportation.

New York City didn't get the 2012 Summer Olympics, but the bid spurred projects that it needed, anyway.

The Port Authority of New York and New Jersey's Board of Commissioners has approved a preliminary $7.1 billion combined operating and capital budget for fiscal 2012 amid complaints that the agency overspends on World Trade Center redevelopment at the expense of bridge, road and tunnel improvements.

Nassau County, N.Y., finally got the budgetary go-ahead from its state-appointed oversight board, but the overseer is far from happy.

Standard & Poor’s affirmed its BBB-plus credit rating and stable outlook for the not-for-profit ACTS Retirement-Life Communities of West Point, Pa.

Pennsylvania collected $1.7 billion in general fund revenue in November, Secretary of Revenue Daniel Meuser reported.

Metro Bank filed a nearly $52,000 mortgage foreclosure action against Harrisburg Mayor Linda Thompson in Dauphin County Court, the Harrisburg Patriot-News reported.

The Dormitory Authority of the State of New York approved $531 million in financings for higher education and health care, including $340 million in 23-year, fixed or variable-rate tax-exempt bonds for the Memorial Sloan-Kettering Cancer Center.

The New York City Transitional Finance Authority sold $650 million in new-money building aid revenue bonds last week.

The cancellation of a project to renovate the 70-year-old Brooklyn-Queens Expressway and a connecting portion of the Gowanus Expressway, both part of Interstate 278 in New York City, has prompted calls for a state law allowing public private partnerships.

Fairfield, Conn., opened its third train station, Fairfield Metro, to commuters last week.

While it's unlikely to singlehandedly trigger a rating upgrade, the New York Legislature's approval of Gov. Andrew Cuomo's overhaul of the state income tax code is a step in the right direction, muni market observers say.

The state Senate and Assembly early Thursday passed an overhaul of income tax rates that Gov. Andrew Cuomo recommended.

The Port Authority of New York and New Jersey has posted its $7 billion preliminary budget for fiscal 2012.

The future of the Suffolk Regional Off-Track Betting Corp. in eastern Long Island is in question after a federal judge dismissed its Chapter 9 bankruptcy petition.

Philadelphia plans a $235 million sale of revenue refunding bonds for Philadelphia International Airport on Thursday.