Ted Phillips

The New York State Lottery Commission last week approved a $380 million bid from a Malaysia-based firm to operate a video lottery casino in Queens.

New Hampshire Gov. John Lynch last week appointed John Beardmore to be the next budget director.

Connecticut’s bond commission will consider two transactions totaling $1.47 billion at a meeting on Wednesday. Also on the commission’s agenda are allocations for projects totaling $1.08 billion. The allocations allow state and local government agencies to begin contracting and spending on projects that would later be financed with bond proceeds.

The Port Authority of New York and New Jersey on Thursday approved a $1.2 billion expansion of a terminal at John F. Kennedy International Airport on behalf of Delta Air Lines and its partners.

The passage of the final piece of New York’s budget on Tuesday night clears the way for almost $2 billion of personal income tax bond deals to move forward next month.

The New York City Capital Resource Corp. on Tuesday gave final approval to $28 million of recovery zone facility bonds to finance a cement facility on Staten Island.

Public sector spending on new institutional construction in New York City outpaced private spending during a recent two-year period, according to a building industry report.

New York City Mayor Michael Bloomberg appointed a chief investment adviser Monday to consult with his representatives about city pension funds.

New York City Mayor ­Michael Bloomberg last week said he wants to rein in employee pension costs. But what he didn’t mention in his remarks at the annual meeting of the board that monitors the city’s finances was debt service costs, which are consuming a rising level of the city’s tax revenue.

The Dormitory Authority of the State of New York created a finance committee last week to comply with a public authority reform law enacted last year. The committee will review all proposals for bond financings with DASNY staff before they are brought to the board for approval.

Connecticut plans to apply for $220 million of federal funds to upgrade a rail corridor between New Haven and Springfield, Mass., Gov. M. Jodi Rell announced last week. If approved, the state would match the funds with $260 million of bond proceeds. The state Bond Commission will consider the issue when it meets Aug. 11.

The Dormitory Authority of the State of New York gave final and preliminary approval to $1.15 billion of bonds at its monthly board meeting Wednesday.

New York’s Metropolitan Transportation Authority on Wednesday voted to hold hearings on fare and toll increases to help balance its 2011 ­budget.

New York’s Metropolitan Transportation Authority plans to release a $12.04 billion preliminary budget for 2011 today, officials said.

New York’s Metropolitan Transportation Authority hopes to replace a $634 million bond transaction scheduled for September with commercial paper, an agency official said Monday.

It will take five years to turn the new federal financial reform law into rules and regulation, an industry expert from the Securities Industry and Financial Markets Association said last week.

The Municipal Forum of New York elected new officers last week at its annual meeting.

The New York State Thruway Authority board last week authorized its executive director to negotiate but not execute on his own a new contract with Hawkins Delafield & Wood LLP, which has been bond counsel for the agency for all of its 60 years of existence.

The New York State Thruway Authority approved a personal income-tax bond deal of up to $600 million at its monthly board meeting Wednesday.

New York City agencies are looking at possible public-private partnerships, but privatization isn’t a panacea for fiscal challenges, a senior city official said Tuesday.