New Jersey

A new state legislative document showing that New Jersey can take control of Atlantic City finances under existing law highlights a plan that would prove more beneficial than a takeover bill lawmakers are weighing, Mayor Donald Guardian said.

New Jersey can seize control of Atlantic's City finances under existing state law even absent passage of a takeover bill, according to a new memo.

Newark Mayor Ras Baraka is calling for an audit of Port Authority of New York and New Jersey revenue related to the agency’s lease agreement with the city.

A $34.8 billion 2017 fiscal budget proposed by New Jersey Gov. Chris Christie will weaken the state's credit position and increase the chances of future bond downgrades if enacted, according to Municipal Market Analytics.

Atlantic City officials are not on board with a proposed state intervention plan pending in the New Jersey Legislature.

A new Atlantic City rescue bill proposed Wednesday would give New Jersey increased power over the city's finances in an effort to avoid bankruptcy.

New Jersey Gov. Chris Christie remained staunchly opposed to raising taxes in his annual budget address.

Atlantic City's fiscal distress is a credit negative for New Jersey's Atlantic County, according to Moody's Investors Service.

New Jersey could achieve more than $2 billion in annual savings by aligning public worker health care benefits more closely to private-sector employer standards, according to a new report released Thursday by Gov. Chris Christie’s bipartisan pension commission.

Atlantic City, N.J., which is on pace to run out of cash flow by early April, has the fifth worst vacancy rate in the U.S, according to new data released by RealtyTrac.

A new bill introduced in the New Jersey State Senate is aimed at advancing key roadway and clean energy projects in the Garden State through two infrastructure banks.

The Port Authority of New York and New Jersey announced Monday that it established a new cargo volume record in 2015.

A judge granted Atlantic City a 45-day reprieve from the Borgata casino seizing city assets to collect $170 million in tax appeals it owes in hopes the two sides can come to a debt payment agreement.

Moody’s Investors Service has placed Atlantic City’s junk-level Caa1 credit rating under review for a possible downgrade citing the chance at “bondholder impairment” from looming New Jersey legislation.

Kevin Lavin, whose one year stint as Atlantic City emergency manager wrapped up on Jan. 21, has been hired for a new management role at a business advisory and expert services firm.

New Jersey’s top elected officials Tuesday announced a deal with Atlantic City Mayor Donald Guardian to allow increased state intervention to keep the struggling city out of bankruptcy.

New Jersey State Sen. Jeff Van Drew is urging Gov. Chris Christie to seek federal government assistance for two South Jersey counties hit with extreme flooding from a weekend blizzard.

Atlantic City, N.J. is moving closer to default and a possible bankruptcy after New Jersey Gov. Chris Christie’s veto of a financial rescue package, according to Moody’s Investors Service.

Atlantic City’s already junk-level general obligation debt rating was slashed four notches to CCC-minus from B by Standard & Poor’s, citing a “near-term liquidity crisis.”

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.