Tonya Chin

The New Jersey Environmental Infrastructure Trust is scheduled to sell $200 million of infrastructure refunding bonds in a competitive sale on Tuesday. The refunded bonds were originally issued to finance water and wastewater system projects in New Jersey.

Pennsylvania Gov. Tom Corbett and the Philadelphia Regional Port Authority announced the signing of a Delaware River dredging contract.

Gov. Andrew Cuomo announced that the New York State Department of Transportation has awarded a $29.3 million contract through the NY Works program for repairs to 13 bridges.

After proposing a toll increase in June, the Maine Turnpike Authority board is expected to make a final decision on a new toll structure Aug. 16.

New Jersey Gov. Chris Christie approved the issuance of $750 million of general obligation bonds for higher education capital projects on Wednesday. The issue will go to voters in November.

After Standard & Poor's warned of a downgrade last month, Fitch Ratings has affirmed its rating on the Employees Retirement System of the Commonwealth of Puerto Rico's senior pension funding bonds.

After a recent report showed fiscal stress among New York's local governments, Comptroller Thomas DiNapoli is looking at possible solutions to the problem, including a super control board.

Vermont's $10 million bond sale will help it receive an additional $51 million in federal funding for bridge and road projects throughout the state, said State Treasurer Beth Pearce.

New York State Comptroller Thomas DiNapoli announced the appointment of Vicki Fuller as the new chief investment officer for the $150.3 billion New York State Common Retirement Fund.

Nassau County, N.Y., Comptroller George Maragos released the audited comprehensive annual financial report for fiscal year 2011, which confirms the county’s budget deficit of $50.4 million.

In the week's largest deal, the New York City Transitional Finance Authority will sell $1.2 billion of new money and refunding bonds on Wednesday. Proceeds will finance the city's capital expenditures and school projects.

The Port Authority of New York and New Jersey board on Wednesday approved up to $2 billion of financing, including a $500 million and $1.5 billion sale of consolidated refunding bonds, for the World Trade Center project.

The New York Liberty Development Corp. plans to re-offer in three issues around $1.6 billion of bonds that were first sold in 2009 and 2010 to finance development at the World Trade Center site.

The New York State Thruway Authority received three proposals from teams that are vying for the opportunity to design and build a replacement for the existing Tappan Zee Bridge.

After being postponed a week, the NYU Hospitals Center's $250 million taxable bond sale will come to the market sometime this week — possibly as early as Tuesday.

Puerto Rico's debt load, exceeding $60 billion, and pension liabilities are a challenge to the island's fiscal ability and investors should limit their exposure, cautions Alan Schankel of Janney Capital Markets.

Vermont plans to sell $10 million of special obligation transportation infrastructure bonds to fund bridge reconstruction and roadway reconfiguration projects.

New York's State Department of Health made $32.9 million in Medicaid overpayments during a five-year period, according to audits released by Comptroller Thomas DiNapoli.

Ridership on Port Authority Trans-Hudson, or PATH trains, is on pace to set a record for the second consecutive year.

Standard & Poor's revised the outlook to negative from stable on the Employees Retirement System of Puerto Rico, saying a downgrade is possible if the commonwealth does not address the pension problem in the next year.