Tonya Chin

Standard & Poor's revised its outlook on about $1.1 billion of outstanding bonds of the Puerto Rico Municipal Finance Agency to negative from stable.

Buffalo N.Y. sold $32 million of school refunding bonds Thursday.

New York's state and local governments are facing a combined total of $250 billion of unfunded post-retirement health care coverage for public workers.

The Rockland County Legislature approved the sale of $30 million of revenue anticipation notes to fund the county's cash flow needs, scheduled for later this month.

The Authorities Budget Office of New York is recommending that Saratoga County's three water authorities should be replaced by a single authority.

Credit spreads on Puerto Rico's general obligation bonds have widened by as much as 70 basis points from the beginning of the year, while similarly rated bonds have seen spreads narrowing.

The New Jersey Economic Development Authority's chief executive officer, Caren Franzini, will end her 18-year tenure at the end of next month.

The Pennsylvania Higher Educational Facilities Authority is scheduled to sell $45 million of bonds for Thomas Jefferson University and $31 million for the University of the Sciences in Philadelphia on Tuesday.

Standard & Poor's has raised its rating on the Saratoga County Industrial Development Agency's bonds issued for Saratoga Hospital in New York to A-minus from BBB-plus.

Gov. Chris Christie signed legislation on Wednesday to integrate all but two units of the University of Medicine and Dentistry of New Jersey into Rutgers, the State University of New Jersey.

Moody's Investors Service has placed Saint Peter's University Hospital's Baa3 bond rating on review for downgrade, affecting $165.7 million of outstanding rated debt.

July's income tax collections in New Jersey increased from the same month last year by $54 million, according to a statement released by the state's Department of Treasury.

The New Jersey Turnpike Authority is expected to sell $810 million of refunding bonds in the week's largest municipal bond sale.

New York Gov. Andrew Cuomo has signed two bills that will eliminate more than 120 of the state's public authorities that no longer serve the public interest.

New York State tax revenues for July were slightly above expected projections, but remain highly variable, according to Comptroller Thomas DiNapoli.

The Nassau County Interim Finance Authority's director, Robert Wild, has resigned.

Standard & Poor's upgraded to AA from AA-minus the general obligation bond rating of Westbury Village, N.Y.

In a letter to the New York State Thruway Authority, Gov. Andrew Cuomo requested a task force to explore ways to reduce toll increases

Municipal bond issuance increased throughout the Northeast in the first half of 2012, up 63% from the same period last year, spurred by a surge of debt volume from New York State.

The New York State Thruway Authority is expected to sell $480 million of personal income tax bonds to finance highway and bridge projects on Tuesday, after pricing for retail on Monday.