New Jersey

The New Jersey Educational Facilities Authority is seeking requests for qualifications to provide it with post-issuance analysis for tax-compliance issues.

A Port Authority of New York and New Jersey official reassured New Jersey lawmakers yesterday that the agency is moving quickly to update or replace the Bayonne Bridge, a move that would potentially increase shipping activity in the area.

New Jersey is juggling two different underwriting-selection processes as it prepares for a new-money Transportation Trust Fund Authority deal and a general obligation refinancing.

Newark, the largest city in New Jersey, Wednesday will sell $175.3 million of debt via competitive bid in its first new-money general obligation bond sale in several years.

New Jersey is seeking investment banking services for a general obligation refinancing as it also gears up for a new-money transportation deal this summer.

New Jersey Gov. Chris ­Christie yesterday pushed his proposed constitutional amendment to hold property tax increases at 2.5% and warned that without fiscal controls, the state could be the next Greece, as Treasury Department officials announced a $540 million revenue shortfall for fiscal 2010 and fiscal 2011.

New Jersey Gov. Chris Christie today will discuss his proposed constitutional amendment to place a 2.5% cap on property tax increases.

New Jersey Gov. Chris Christie Thursday vetoed two bills that would have increased taxes on individuals earning $1 million or more and restored property tax rebates for senior citizens.

The Port Authority of New York and New Jersey is pioneering a unique type of public-private partnership to replace the aging Goethals Bridge.

The New Jersey Educational Facilities Authority is looking for financial advisory services for a one-year period with an option to renew for a second year.

The New Jersey Economic Development Authority Wednesday will issue $750 million of taxable school construction Build America Bonds, in what could be the BAB market’s largest floating-rate note sale.

New Jersey Department of Transportation commissioner James Simpson Thursday said Gov. Chris Christie’s administration is considering several options for replenishing the state’s Transportation Trust Fund.

Local governing bodies in New Jersey will now weigh in on hundreds of school district budgets that voters rejected in Tuesday’s election.

New Jersey Gov. Chris Christie’s budget philosophy is for the state and local governments to operate more efficiently with less revenue rather than increasing taxes or fees.

Sen. Robert Menendez, D-N.J., yesterday joined the ongoing rum-tax revenue debate between Puerto Rico and the U.S. Virgin Islands by filing legislation that would limit subsidies to rum makers to 10% of a territory’s yearly rum-tax revenue.

New Jersey Transit yesterday approved a system-wide fare increase of 22% to generate $126.6 million of new revenue and help close the agency’s estimated $300 million fiscal 2011 deficit.

New Jersey voters could weigh in on whether to allow legalized sports betting if lawmakers approve placing the question on November's ballot.

Bank of America Merrill Lynch will pay New Jersey $4.87 million and repurchase auction-rate securities sold to investors in a settlement agreement over alleged misinformation regarding the floating-rate securities.

New Jersey's nonpartisan Office of Legislative Services projects that fiscal 2010 and fiscal 2011 tax collections will come in almost $250 million below Gov. Chris Christie's revenue estimates, due in part to sluggish sales tax receipts.

The Port Authority of New York and New Jersey plan to competitively sell $116.8 million of bonds on Wednesday to refund outstanding debt.