New Jersey

A week of noise involving unions and commuters ended quietly in a Manhattan conference room on Friday, when the Port Authority of New York and New Jersey board of commissioners approved a set of toll and fare increases that the states' governors modified.

Upper Township employees had an alternative after voters rejected a proposed $9.5 million bond referendum to repair primary and middle schools: They made the fixes themselves.

Though the Port Authority of New York and New Jersey didn't say so directly in its statement announcing stunningly high fare-hike proposals, the message was clear: the authority is worried about its bond rating.

Cape May County’s Board of Chosen Freeholders will hold a public hearing on Tuesday over a proposed $61 million bond ordinance.

New Jersey Gov. Chris Christie plans to restore $139 million of aid to financially distressed cities.

Moody's Investors Service, citing massive cuts in fiscal 2012 state aid to affected New Jersey cities, placed six municipalities on review for possible downgrade.

Fitch Ratings has affirmed its stable outlook and A-minus rating for the University of Medicine and Dentistry of New Jersey.

New Jersey lawmakers this week are set to vote on the Democrats' $30.6 billion fiscal 2012 budget plan while debating a proposed temporary tax increase for residents making $1 million or more to help fund education spending.

New Jersey Gov. Chris Christie Monday is set to sign into law legislation that requires government employees to pay more for pension and health care benefits.

New Jersey officials last week said the U.S. Army is set to leave Fort Monmouth on Sept. 15 as planned, disputing a report that the military would remain on the 1,100-acre site for another year.

The Port Authority of New York and New Jersey has selected three consortiums to bid on a $1.5 billion replacement of the Goethals Bridge.

New Jersey Gov. Chris Christie Tuesday directed the Legislature to find $500 million of additional school spending in his fiscal 2012 budget after the state Supreme Court ruled that his proposed funding for schools is unconstitutional.

New Jersey Treasury Department officials Tuesday announced the state will collect $511 million more in revenue this year and next than previously expected.

WASHINGTON — A federal court in New Jersey has approved UBS Financial Services Inc.’s $47.2 million settlement with the Securities and Exchange Commission over bid-rigging of municipal bond-related contracts as well as the amounts of restitution that are to go to each of 105 state and local issuers that were defrauded.

Acacia Financial Group will assist New Jersey on restructuring New Jersey Sports and Exposition Authority bonds to reduce debt-service costs in fiscal 2012.

The New Jersey Transportation Trust Fund Authority Wednesday will issue $600 million of state appropriation-backed debt after Moody’s Investors Service downgraded such bonds last week to A1 from Aa3.

Electronic giant Panasonic Corp. will move its headquarters to Newark from Secaucus with the help of $102.4 million of tax breaks from the state.

Standard & Poor's last week revised its outlook to positive from stable for AHS Hospital Corp., which operates three facilities in northeastern New Jersey. The rating is A.

As New Jersey gears up for a $600 million Transportation Trust Fund Authority bond issue set to price in early May, it faces a municipal market looking to draw investors back into the fold.

The New Jersey Transportation Trust Fund Authority Tuesday is expected to approve the sale of $600 million of tax-exempt revenue bonds that would price in early May.