Maine

Maine corrections officials are looking at new borrowing for the nearly $150 million renovation and expansion of an aging prison, but don’t want to ask voters for the authority.

Issuers in the Northeast sold $102.9 billion of municipal bonds in 2015, almost 9% above the previous year's volume.

One day after $6.4 million in Maine’s 2010 voter-approved land conservation bonds expired, the state’s voters overwhelmingly passed referendums that authorize borrowing of $100 million for transportation and affordable senior housing projects.

Issuers in the Northeast sold $54.2 billion of municipal bonds in the first half of 2015 rising 26% compared to the first six months of 2014.

Maine Gov. Paul LePage signed a bill asking voters to approve $85 million of general obligation bonds for transportation.

Maine Gov. Paul LePage is pushing a bill that would eliminate the state's income tax, a move that would lead to more than a $1 billion revenue loss for the state.

Municipal bond issuance volume in the Northeast was little changed in 2014, rising 1% from 2013 volume as issuers weighed low interest rates against their ongoing fiscal challenges.

Maine's $2 billion, three-year transportation program is designed to upgrade the state's infrastructure despite sluggish federal highway funding.

Maine Gov. Paul LePage has nominated former Republican lawmaker Richard Rosen to serve as commissioner of the Maine Department of Administrative and Financial Services.

Maine voters have approved $50 million of new borrowing to address economic needs, but a cloud remains over whether Republican governor Paul LePage will allow the bonds to proceed in 2015 after fighting against new borrowing in 2014.

Northeast bond issuance was stronger in the first half of 2014 than it was in the United States.

Maine Gov. Paul LePage has ended his threat to try to block bond sales after getting his way on maintaining the size of the state's rainy day fund.

For perhaps the first time ever, Maine legislators have initiated creating supplemental budgets without the governor's input.

Maine's Republican Governor and Democratic leaders have renewed clashing over bonds.

Northeast issuers sold $93.1 billion of municipal bonds in 2013, down 17.4% from 2012.

Maine's municipalities have responded in several ways to Maine government's cut in state aid since 2008, a report said.

Texas voters approved a $2 billion water bond program Tuesday in the largest of many bond related issues voters decided in the off-year.

Moody's Investors Service downgraded MaineGeneral Medical Center to the speculative grade Ba1 from the investment grade Baa3.

Maine Gov. Paul LePage has lifted a two-year moratorium on the sale of mortgage revenue bonds in Maine.

The Maine Senate and House of Representatives approved $149.5 million in bonds, setting the stage for a November vote.