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The Port Authority of New York and New Jersey approved a preliminary $32 billion 10-year capital plan that advances partial funding for a replacement Manhattan bus terminal.
January 6 - New Jersey
New Jersey legislation requiring quarterly pension payments starting in the 2018 fiscal year will not likely influence the states credit conditions, according to Fitch Ratings.
December 22 -
New Jersey Transit is planning debt refinancing and new borrowing to cover a $12 million budget hole created by revenue losses from falling 2016 ridership.
December 21 - New Jersey
New Jersey Gov. Chris Christie signed legislation requiring the Garden State to begin quarterly pension payments, in an effort to lift the underfunded system.
December 16 - New Jersey
There is only a relatively mild chance that the massive problems of Atlantic City will contaminate Atlantic County, according to Moodys Investors Service.
December 14 -
A New Jersey proposal to allow its Transportation Trust Fund to sell bonds directly to its underfunded pension system would worsen credit conditions, according to Municipal Market Analytics.
December 13 -
A new $7.3 billion 2017 spending plan by the Port Authority of New York and New Jersey maintains debt service levels while also investing in major capital projects.
December 12 -
New Jersey lawmakers are pitching a proposal to allow the states Transportation Trust Fund to sell bonds directly to its $73 billion pension system.
December 9 - New Jersey
Newark, N.J., and Essex County have successfully pitched a plan to retire their outstanding debt for a former minor league baseball stadium.
December 2 - New Jersey
New Jersey Gov. Chris Christie announced a $300 million renovation of the state capital building that his administration plans to fund through bonding.
November 30