Paul Burton

The Philadelphia Housing Authority has selected a former Pennsylvania general counsel and former bond lawyer to lead the rebuilding of its general counsel office.

The New York State Environmental Facilities Corp. announced the issuance of $191.7 million in state revolving fund bonds, which will refund bonds for 47 communities for a combined savings of $9.7 million.

New York City completed its sale of $800 million of fixed-rate general obligation bonds. Wednesday’s offering included $715 million of tax-exempt new money and refunding bonds, and $85 million of new-money taxable bonds.

New Jersey Gov. Chris Christie plans to restore $139 million of aid to financially distressed cities.

The Massachusetts School Building Authority has completed its $142 million sale of federally subsidized qualified school construction bonds.

Massachusetts Attorney General Martha Coakley will hold a public hearing at 6 p.m. on Aug. 9 at Quincy High School on the proposed $38 million sale of Quincy Medical Center Inc. to Steward Health Care System LLC.

Emilie Ninan, a public finance partner at Ballard Spahr LLP and the future president of the North American South Asian Bar Association, has become managing partner of the firm’s Wilmington, Del., office.

Jay Walder on Thursday announced his resignation as chairman and chief executive of New York’s Metropolitan Transportation Authority, effective Oct. 21.

New York City should start to build a surplus for fiscal 2012 close to the level just achieved, to deal with a projected $4.6 billion gap in 2013, according to New York State's Financial Control Board.

The Maine Turnpike Authority is suing former chief executive Paul Violette, demanding he repay $524,000 it alleges he cost the agency between 2003 and 2011.

HARRISBURG, Pa. - The rejection by Harrisburg’s City Council of a financial recovery plan by a state-sponsored panel has Pennsylvania's capital city scrambling.

The state-appointed receiver overseeing Central Falls, R.I., asked retired police officers and firefighters on Tuesday for $2.5 million in permanent pension and health-benefit concessions for the city to avoid bankruptcy.

Gov. Dannel Malloy and Connecticut's union leaders say they are about to begin negotiating a concessions deal that could ward off thousands of layoffs.

The Massachusetts School Building Authority on Wednesday will sell $142.4 million of qualified school construction bonds through negotiation.

The Central Falls, R.I., City Council will hold its first public meeting in more than a year after Gov. Lincoln Chafee signed a bill requiring more input from local elected officials in communities under state receivership.

As discussion intensifies about drilling for natural gas in the Marcellus Shale region spanning four eastern states, a major talking point is suitable compensation for the counties and municipalities where drilling takes place.

Nassau County, N.Y.'s state-appointed financial overseer sent the county back to the drawing board.

Republicans in New York City's Queens and Brooklyn boroughs nominated retired cable television executive Bob Turner to face Democrat David Weprin for the Ninth Congressional District seat vacated by Anthony Weiner.

Moody's Investors Service, citing massive cuts in fiscal 2012 state aid to affected New Jersey cities, placed six municipalities on review for possible downgrade.

Massachusetts Attorney General Martha Coakley has asked a bankruptcy judge to review the proposed $38 million sale of Quincy Medical Center Inc. to Steward Health Care System LLC.