Paul Burton

F. John White said Friday that the choice of John H. Bonow to succeed him as chief executive of PFM Group "sends a good signal to the industry."

While Northeast states are still cleaning up and totaling the damage, the recent string of devastating storms has also triggered long-term worries about infrastructure needs, levels of federal funding, and even changing weather patterns.

A member of Puerto Rico's House of Representatives is asking the commonwealth's comptroller’s office to review a $2.4 million contract between the Puerto Rico Public Private Partnerships Authority and law firm Mayer Brown LLP, saying a conflict of interest exists regarding the proposed privatization of Luis Muñoz Marín International Airport.

North Kingstown voters rejected two bond measures while authorizing the sale of a vacant school in a referendum where turnout was low.

The New York City Municipal Water Finance Authority sold $451 million of second-resolution, fixed-rate tax-exempt bonds in its first-ever competitive sale.

Raudline Etienne resigned as chief investment officer of the New York State Common Retirement Fund, a position she has held since March 2008.

Susan Urahn, managing director for the Pew Center on the States, and New Jersey Treasurer Andrew Sidamon-Eristoff will be the keynote speakers at a forum about state pension issues on Sept. 30 at Rutgers University in Newark.

Massachusetts Attorney General Martha Coakley approved the sale of bankrupt nonprofit Quincy Medical Center to for-profit Steward Health Care System LLC, while imposing many conditions.

The Massachusetts Senate approved an overhaul of the state’s pension system on Thursday after a debate that divided majority Democrats uneasy about offending their political base.

Gov. Dannel Malloy has appointed four people to the nascent Connecticut Airport Authority and named Mary Ellen Jones of Glastonbury as the board’s chairwoman.

Nassau County Executive Edward Mangano has submitted a $2.6 billion budget for fiscal 2012 while a New York State-appointed oversight board continues to cast a watchful shadow.

Nassau County Executive Edward Mangano late Wednesday submitted a $2.6 billion budget for 2012 that eliminates a $310 million deficit and lays off more than 1,000 workers.

A court ruling favorable to Rhode Island state employees in a pension case is expected to further complicate debate in the state, where pensions have been central to a municipal bankruptcy and where a special legislative session will convene next month to discuss pension overhaul.

While a state takeover looms for Harrisburg after the City Council on Tuesday night again rejected a financial recovery plan, Pennsylvania's capital will be able to meet its general obligation bond obligations and make payroll for the rest of the year.

Fairfield, Conn., is targeting an Oct. 31 opening for its third Metro-North Railroad train station after the town passed a $7.5 million bond authorization to cover the costs of the long-delayed Fairfield Metro project marked by cost overruns.

A court ruling favorable to Rhode Island pension workers is expected to further complicate debate in the Ocean State, where pensions have been central to a municipal bankruptcy and where a special legislative session will convene next month to discuss pension overhaul.

In a special election that drew nationwide attention, Republican Bob Turner defeated Democrat and former municipal bond banker David Weprin Tuesday night for New York’s Ninth Congressional District seat that Anthony Weiner vacated three months ago.

While a state takeover looms for Harrisburg after the City Council on Tuesday night again rejected a financial recovery plan, Pennsylvania’s capital will be able to meet its bond obligations and make payroll for the rest of the year.

The mayor of Collingswood, N.J., criticized Moody's Investors Service for imposing a rare "super downgrade" on it - six notches to Ba1, or junk status, from A1, affecting $27.8 million of outstanding rated debt.

The New York State Dormitory Authority plans to sell $491 million of Series 2011A revenue bonds for the North Shore-Long Island Jewish Obligated Group through negotiated bid on Thursday, following a one-day retail order period.