New Jersey

The New Jersey Treasury Department said the state's pension system funding ratio fell to 57%, but it would have been worse if not for the 2011 overhaul bill.

New Jersey's plan to introduce of online gaming is a credit positive for New Jersey state government, Moody's Investors Service said.

New Jersey Governor Chris Christie on Tuesday proposed a 4% increase to the coming fiscal year's budget.

The Internal Revenue Service has reinstated the tax-exempt status of LEAP Academy University Charter School, Inc. as of May 17, 2012, but not during the 18 months before that, thereby jeopardizing the tax-exemption of interest earned on its bonds during that time.

Lamont Financial Services has made Renee Boicourt a partner of the firm.

The Port Authority of New York and New Jersey reports it will have to spend more than $2 billion to repair the damage from storm Sandy.

In the aftermath of being depressed by Hurricane Sandy in November, New Jersey revenues bounced back in December.

The Treasury and IRS have sent two separate letters to Sens. Lautenberg and Nelson regarding concerns over available financing for housing damaged by Hurricane Sandy and tax guidance on political subdivisions that would affect community development districts in Florida.

Moody's Investors Service placed tobacco settlement revenue bonds of issuers in 17 states and two territories under review with direction uncertain because of legal settlement announced in December. The action affects $20.5 billion of debt.

The Port Authority of New York and New Jersey is selling $350 million of bonds subject to the Alternative Minimum Tax Wednesday.

The New Jersey Economic Development Authority will sell more than $2.2 billion in bonds and notes Wednesday.

The House late Tuesday approved more than $50 billion of aid for victims of Superstorm Sandy, which ravaged parts of New Jersey, New York, Connecticut and other states.

Standard & Poor's has upgraded Meridian Health System debt issued by New Jersey Health Care Facilities Financing Authority to A from A-minus.

The New Jersey Assembly and Senate are considering $1.5 billion in bonds related to Hurricane Sandy.

The impacts of property tax caps in the Eastern U.S. states are mixed, ranging from minimal to restrictive, according to a recent report from Standard & Poor's.

Due to Hurricane Sandy's impact, New Jersey state government's November total revenues came in 10.8% lower than budget.

The State Budget Crisis Task Force recommended New Jersey improve its budget process.

In the aftermath of Hurricane Sandy, Moody's Investors Service has turned negative on an array of coastal New Jersey communities and one authority.

Voters in several New Jersey communities approved $55.6 million in bond last week.

A $100 million bond to buy out homeowners in flood-prone areas is advancing through the New Jersey General Assembly.