New York

New York State is releasing $75 million to accelerate resurfacing projects on roads that suffered widespread damage from a harsh winter season, Gov. Andrew Cuomo announced.

Mayor Bill de Blasio and the City Council agree on a $78.5 billion fiscal 2016 budget for New York City that includes 1,300 new police officers.

The finance committee of New York's MTA approved a motion to authorize the use of variable rate refunding bonds in connection with targeted refunding bonds.

New York MTA board member Allen Cappelli proposed adding $30 million to the authority’s budget to restore more services that were cut in 2010.

New York MTA Chairman Thomas Prendergast remains confident in getting approval of a five-year capital program, which is sitting in limbo.

New York’s MTA launches a $250,000 railroad grade crossing safety campaign with nonprofit advocacy group Operation Lifesaver.

Suffolk County elected officials want New York Comptroller Thomas DiNapoli to audit a proposed three-year rate hike from the Long Island Power Authority and its service provider PSEG Long Island

Former longtime Hempstead Village, N.Y. Mayor James Garner has been tapped as Nassau County's new chief deputy comptroller.

The New York City Transitional Finance Authority intends to sell $750 million of tax-exempt, fixed rate, new money bonds on June 17 after a two-day retail order period.

New York City should continue to build up its budgetary cushion to protect against further economic downturns or natural disasters, Comptroller Scott Stringer told a City Council committee.

New York City is projecting a surplus of $3 billion for fiscal 2015 and a balanced budget for fiscal 2016, said state Comptroller Thomas DiNapoli.

The New York City Housing Development Corp. board approves a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Two New York State Board of Elections commissioners are calling for one combined presidential and congressional primary vote in 2016 that would save the Empire State an estimated $50 million.

With more than one-third of New York's bridges listed in need of repair, U.S. Sen. Kirsten Gillibrand,D-N.Y., is proposing a bill that would allow states the authority to use more federal funds for local bridge improvement projects.

As Mayor of Corning, N.Y., Tom Reed saw how capital could be raised for road, water and sewer improvements through the issuance of tax-exempt bonds.

The Port Authority of New York and New Jersey has launched a dashboard on its website providing quarterly updates on all active capital projects.

Carmen Bianco will retire later this year as president of New York City Transit, the Metropolitan Transportation Authority announced June 2.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.

The Port Authority of New York and New Jersey has selected a development team to help enhance LaGuardia Airport with a $3.6 billion facelift.