New York

The Treasury and IRS have sent two separate letters to Sens. Lautenberg and Nelson regarding concerns over available financing for housing damaged by Hurricane Sandy and tax guidance on political subdivisions that would affect community development districts in Florida.

New York City Comptroller John Liu launched Checkbook NYC 2.0, a website that he said opens the door into how the city spends its $70 billion annual budget.

Gov. Andrew Cuomo's proposed $142.6 billion budget for 2013-14 included some plusses for New York City and the Metropolitan Transportation Authority.

Moody's Investors Service placed tobacco settlement revenue bonds of issuers in 17 states and two territories under review with direction uncertain because of legal settlement announced in December. The action affects $20.5 billion of debt.

In his proposal of a budget Tuesday, New York Gov. Andrew Cuomo proposed a route for localities to lower pension costs.

The Port Authority of New York and New Jersey is selling $350 million of bonds subject to the Alternative Minimum Tax Wednesday.

SUNY Downstate Medical Center in Brooklyn faces insolvency as soon as May, said New York Comptroller Thomas DiNapoli.

New York public health system Nassau Health Care Corp. captured an interest rate of 0.4% and saw broad investor interest Tuesday when it sold $40 million of insured revenue anticipation notes backed by future Medicaid payments.

On Wednesday the Dormitory Authority of the State of New York approved a $155 million bond for Pace University.

The House late Tuesday approved more than $50 billion of aid for victims of Superstorm Sandy, which ravaged parts of New Jersey, New York, Connecticut and other states.

New York comptroller Thomas DiNapoli has said that his state's high debt burden "could jeopardize critical infrastructure projects and other capital needs."

Standard & Poor’s revised its outlook to positive from stable on the New York State Power Authority on Jan. 4.

Moody’s Investors Service downgraded Niagara Falls, N.Y.’s general obligation rating two notches to Baa1 from A2 and kept the city on review for a further downgrade.

New York's Metropolitan Transportation Authority plans a $500 million sale of Series 2013A transportation bonds for Wednesday, after a one-day retail period.

In a wide-ranging State of the State speech Wednesday, New York Governor Andrew Cuomo announced a new organization to aid stressed localities and programs affecting the state government’s finances.

The impact of Hurricane Sandy on the New York City public hospital system will exceed $800 million, according to Health and Hospitals President Alan Aviles.

A New York State commission's proposal to privatize the Long Island Power Authority would require the immediate redemption of the authority's $6.9 billion in short-term notes and long-term bonds, some analysts are saying.

New York's Metropolitan Transportation Authority will price $805 million of Triborough Bridge and Tunnel Authority refunding bonds, starting with Wednesday's retail period.

The impacts of property tax caps in the Eastern U.S. states are mixed, ranging from minimal to restrictive, according to a recent report from Standard & Poor's.

New York State localities' unreserved fund balances are less than half recommended levels, the Office of the New York State Comptroller has reported.