New Jersey

Junk-rated city's shaky financial conditions before the COVID-19 pandemic is worsened by casino industry woes.

The Garden State defers nearly $2 billion of spending into the new fiscal year, which could force them to make difficult choices in the fall.

The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.

The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.

The program enables public colleges to enter into P3s but experts said the program is likely on hold because of COVID-19 uncertainties.

Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.

The bond-funded New Jersey megamall has never fully opened and there's no timetable for reopening following the coronavirus-induced shutdown.

New Jersey Transit’s capital funding needs could get a boost from GOs if state lawmakers green light a proposal authorizing in new debt for the state.

Measure seeking billions of general obligation bonds without voter approval cleared General Assembly late last week but faces uncertain fate in the State Senate.

The bi-state agency can apply to use the Federal Reserve’s Municipal Liquidity Facility, if it chooses.

Gov. Phil Murphy’s $5 billion emergency bond plan to patch revenue gaps caused by the COVID-19 pandemic faces an uncertain future in the state legislature.

The transportation agency plans a refinancing to combat lost revenue from steep traffic declines during the COVID-19 pandemic.

With postponing expenditures and the rainy-day fund withdrawal, the state still forecasts a yearend surplus.

Moody's Investors Service cut the Catholic college in New Jersey to Baa1 citing its rising debt burden.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

The agency has lost substantial revenue from plummeting ridership and faces rising COVID-19-related expenses.

The Garden State may be facing a more than $10 billion shortfall through the end of next fiscal year, according to Treasurer Elizabeth Maher Muoio.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

Voters soundly defeated a measure to replace the city's mayor-council system, with its direct mayoral election, with a council-manager government structure.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.