Paul Burton

Gov. John Lynch on Wednesday vetoed a bill that would have stripped the New Hampshire Rail Authority of many powers, including the ability to issue bonds.

Northern Berkshire Healthcare Inc., unable to restructure $43 million in secured bond debt, has filed for Chapter 11 bankruptcy protection.

The Quincy Medical Center missed a $380,000 bond payment due May 31, about a month after it said it would seek a buyer.

The Nassau County Interim Finance Authority Thursday hired accounting firm Grant Thornton LLP to review the Long Island, N.Y., county's troubled finances.

New Hampshire's House and Senate agreed late Thursday afternoon on a $10.3 billion budget for fiscal 2012 and 2013, after talks had broken off the previous night.

As the clock starts to tick for Harrisburg to act, local officials are parsing through a 418-page fiscal recovery plan that recommends the cash-strapped Pennsylvania city sell its incinerator and sell or lease other assets to pay down $220 million of outstanding debt tied to the facility.

The Massachusetts Municipal Wholesale Electric Co. took out $170 million of variable-rate debt last week, largely through a fixed-rate power supply revenue bond issue, to refinance costs related to its minority ownership of nuclear plants in Seabrook, N.H., and Waterford, Conn.

The New York State Thruway Authority on Tuesday will sell $440 million of tax-exempt debt in a negotiated transaction to reimburse the state for expenses related to its multi-year highway and bridge capital program.

The New York State Environmental Facilities Corp. is scheduled to sell $193.56 million of new-money and refunding debt on Tuesday.

The Commonwealth Court of Pennsylvania on Friday afternoon reversed a lower court ruling and reinstated a $37.4 million lawsuit against the capital city of Harrisburg by Dauphin County.

A bill that would reduce the powers of the New Hampshire Rail Transit Authority and strip it of its ability to issue bonds is headed to Gov. John Lynch.

The Massachusetts Port Authority has named chief legal counsel David Mackey as interim chief executive officer and executive director while it conducts a national search to replace Thomas Kinton, who retired June 1.

Jonathan Ballan, no stranger to public service, was appointed this week to the New York Metropolitan Transportation Authority’s board.

The Massachusetts Port Authority on Wednesday will sell $215 million of special facilities revenue debt, including $156 million of taxable bonds, in a two-tranche offering to help finance the construction of a consolidated rental car facility at Boston’s Logan International Airport.

Rhode Island lawmakers are considering a package of bills related to municipal bankruptcies.

Treasurer Rob McCord has outlined a plan for Pennsylvania’s 10 operating casinos to begin repaying loans totaling $63.9 million. The loans, made from the Property Tax Relief Reserve Fund between 2007 to 2010, were used to help finance the Pennsylvania Gaming Control Board’s operations during the early years of gambling in the state.

The Internal Revenue Service is conducting an audit of the Philadelphia School District, officials have confirmed.

The Riverhead, N.Y., Board of Education heard a $78.4 million capital improvement bond plan for the Long Island community’s schools.

Nassau County has scheduled an Aug. 1 referendum seeking taxpayer approval for a $400 million borrowing to fund a replacement for Nassau Veterans Memorial Coliseum and keep the National Hockey League’s New York Islanders from pulling up stakes.

NEW YORK - Moody’s Investors Service has revised the outlook on Rhode Island to negative from stable and affirmed the Aa2 rating on the state’s general obligation bonds, the agency said.