New Jersey

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.

The Internal Revenue Service has suggested that some of the revenue bonds issued in 1993 by the New Jersey Health Care Facilities Financing Authority for Deborah Heart and Lung Center may not be tax-exempt because of a "total return swap," and has asked NJHCFFA for more information.

The Port Authority of New York and New Jersey is scheduled to sell $595 million of consolidated bonds in two series on Wednesday. Proceeds will finance capital expenditures for the authority's tunnels, bridges, and PATH train.

Moody’s Investors Service placed the Aa2 long-term bond ratings of Rutgers, the State University of New Jersey, under review for possible downgrade.

In the week's largest deal, the New Jersey Transportation Trust Fund will sell $1.2 billion of bonds to finance various transportation projects in the state.

Hurricane Sandy raised awareness about the need to better fortify the New York City region. What is not clear is the best way to do that, or to pay for it.

Moody’s Investors Service upgraded the rating on Barnabas Health, N.J., to Baa1 from Baa2, and revised the outlook to stable from positive.

Voter approval of $750 million in New Jersey general obligation bonds to fund university facilities on Nov. 6 is a credit positive for universities, Moody’s Investors Service said.

Hurricane Sandy's financial impact on New Jersey is not likely to affect demand as the state comes to market Thursday with $2.6 billion of notes.

Law firm Ballard Spahr LLP hired Holly Horsley as an associate in its New Jersey office.

Moody's Investors Service issued an action plan for public finance issuers affected by Hurricane Sandy.