New Jersey

New Jersey and Illinois have the lowest state bond ratings. But all three states have been ramping up pension contributions, according to S&P Global Ratings.

Political infighting ahead of November's local elections have left the finances of the state's capital in disarray and show no signs of abatement.

As passengers return and revenues climb toward pre-pandemic norms, the Port Authority of New York and New Jersey has billions of capital construction on tap at the region's largest airports.

Tom Wright, president and CEO of the Regional Plan Association, talks with Chip Barnett about the ongoing Gateway transportation project and its importance to the tri-state region. He also discusses the challenges and opportunities in transit, infrastructure, affordable housing, climate change and ESG. (30 minutes)

The New Jersey mall, the nation's second largest, faces an interest payment on Aug. 1 after drawing down a debt service reserve for a payment earlier this year.

S&P Global Ratings says that without funding reform, New Jersey's pension system may continue to negatively impact the state's credit outlook for decades.

Gov. Phil Murphy signed off on the $50.6 billion spending package on Thursday, amid growing concerns of economic slowdown.

Hosting a World Cup game brings a variety of economic benefits to cities and counties, from increased spending by fans and tourists from around the world to burnishing a region's reputation.

The mall's developer was late paying funds used to support $800 million of municipal bonds, requiring a draw on reserves to make an interest payment.

Shortly after New Jersey state lawmaker Shama Haider introduced a bill to strengthen cybersecurity defenses, her own town of Tenafly faced a ransomware attack.

As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)

Signs of robust economic recovery in New Jersey added an additional $4.5 billion in revenue to the state's fiscal 2022 tax revenue estimates.

The bulk of the first tranches of the $15 billion of IIJA funds will likely be used to figure out where lead lines are located, so states and water systems can determine the scope of the problem.

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

Last year the university's investment portfolio grew by 47%, a factor contributing to the university's triple-A ratings.

The nomination to the bistate agency comes as the long-stalled project could see its first infusion of federal funds.

Most state departments and authorities would be required to offer a telework program of up to two days a week for one year starting July 1.

The upgrade to A-minus from BBB-plus "reflects what we view as material improvement in the state's structural deficit and near-term liquidity," S&P said.

The first tranche of federal dollars are seen as a down payment on what's billed as the most urgent infrastructure project in the U.S.

Gov. Phil Murphy proposes to make an additional $1.3 billion deposit into the state’s Debt Defeasance and Prevention Fund.