Tonya Chin

Maine Gov. Paul LePage vetoed one of five bond proposals approved by the Legislature and will let the other four go to state voters in November without his signature.

Standard & Poor's revised its outlook on Maine to stable from negative and assigned a AA to $53 million of general obligation bonds the state is scheduled to price on Thursday.

Standard & Poor’s revised its outlook on Maine to stable from negative and assigned a AA to $53 million of general obligation bonds the state is scheduled to price on Thursday.

Following a downgrade from Fitch Ratings, Standard & Poor’s has followed suit, dropping Suffolk County, N.Y.’s general obligation bonds two notches to A-plus from AA.

At its meeting on Wednesday the board of the Dormitory Authority of the State of New York approved approximately $3.9 billion in financings for higher education and health care institutions.

Suffolk County, N.Y.'s general obligation bonds were downgraded to A-plus from AA-minus by Fitch Ratings two weeks before its $60 million competitive offering.

Moody’s Investors Service said on Monday that New Jersey missing its revenue targets is a credit negative for the state.

The New Jersey Turnpike Authority is expected to issue $141 million of revenue bonds on Wednesday to refund its Series 2004C-1 bonds.

The Dormitory Authority of the State of New York is expected to sell $217 million of school district revenue bond financing program revenue bonds in five series on Tuesday, after pricing for retail on Monday.

Officials from distressed municipalities discussed their financial situations at The Bond Buyer's Tri-State Area Public Finance Conference on Monday.

In a meeting of directors on Thursday, the Nassau Interim Financial Authority rejected Nassau County, N.Y.'s contract with Morgan Stanley to serve as an advisor on a deal to privatize the county's sewer authority.

Standard & Poor’s raised its rating on the Philadelphia Parking Authority’s airport parking revenue bonds to A from A-minus. The outlook is stable.

Moody’s Investors Service downgraded the Utica, N.Y.’s general obligation rating to Baa1 from A3, affecting $64.99 million of outstanding debt.

Moody’s Investors Service said last week that the risk profile of New York local governments’ debt — other than school districts — subject to the new property tax cap remains unchanged.

New Jersey’s tax collections for fiscal 2012 are up from the same period last year, but April results were below expectations, the Treasury Department said last week.

Moody’s Investors Service called New Jersey’s decline in gambling revenues is a credit negative for Atlantic City.

In an effort to fund a $10.25 million budget deficit, the Long Beach, N.Y., City Council on Tuesday approved a resolution to submit a request to the New York Legislature to authorize the city to issue bonds.

The New York State Environmental Facilities Corp. is expected to sell $497.5 million of triple-A rated state clean water and drinking water revolving fund revenue bonds on Tuesday after being priced for retail on Monday.

New Hampshire will return to the market with Garvee bonds for the second time in two years as work to widen Interstate 93 continues.

Fitch Ratings has downgraded to A from A-plus the Puerto Rico Housing Finance Authority’s $384.5 million capital fund program bonds, Series A and B of 2008. The outlook is negative.