New York

About 18% of New York localities are seeking to override a property tax cap in the current fiscal year, State Comptroller Thomas DiNapoli reported.

New York City has issued an RFP for a new health care contract, with deputy mayor Cas Holloway calling labor contracts and benefit packages pressing challenges.

The New York Thruway Authority will release a finance plan for the new Tappan Zee this month or next.

New York's passage of a plan to reduce near-term local pension payments is a credit negative, Moody's Investors Service says.

Legislation proposed by Don Wagner, R-Irvine, would prohibit a local agency from working with an individual or firm on any bond deal if they provide services to the bond election campaign.

New York's Nassau County is suing its control board, the Nassau Interim Finance Authority.

City Comptroller John Liu and the New York City Pension Funds called on for-profit universities DeVry and Career Education to reveal students' debt levels.

New York's Metropolitan Transportation Authority will sell $200 million of Triborough Bridge and Tunnel Authority refunding bonds for capital projects.

New York expects state-related debt issuance to increase 12% in fiscal year 2014 from fiscal year 2013.

As baseball season opened, the operator of parking garages at New York's Yankee Stadium fell into default, missing a $6.9 million bond interest payment.

New York State adopted a new budget for fiscal 2014 Thursday, the third year in a row that the state has adopted a budget before the fiscal year's start on April 1.

Tax collections in February were down 5.6% in New York state government compared to February 2012.

Women-owned Stern Brothers & Co. opened an office in New York City, is 15th location, and hired investment banker Donna LoCascio.

New York's Metropolitan Transportation Authority awarded the first contract to a company participating in its new federal small business mentoring program.

Uncertainty from labor contracts to bond interest rates could pressure New York City's finances and skewer projections, according to the Independent Budget Office.

Standard & Poor's has put a negative outlook on its A-plus rating of Suffolk County, N.Y.

Fitch Ratings downgraded the general obligation debt of Suffolk County, N.Y. to A from A-plus on Monday afternoon. Fitch retains a negative outlook on the bonds.

A bankruptcy court hearing is slated next week on settlement agreement between American Airlines Inc. and holders of its $1.4 billion of New York City airport debt.

Standard & Poor's placed the general obligation debt, rated BBB-plus, of Niagara Falls, N.Y. on CreditWatch Negative Monday morning.

The New York City Transitional Finance Authority sold $1 billion in new money and refunding bonds, including $650 million new money, $250 million refunding and $100 million in taxable qualified school construction bonds.