New York

After receiving confirmation of its Baa3 rating, Long Beach, N.Y., plans to issue $5 million of cash-flow notes late next week.

Nassau County, N.Y., is planning to issue up to $192 million of general obligation bonds to pay for property tax refunds and other settlements — with or without approval from its control board, the Nassau County Interim Finance Authority.

New York City’s Department of Transportation on Monday issued a request for statements of qualifications to operate its 81,000 street meters in a private management agreement.

In one of the largest deals scheduled for the municipal market this week, the Dormitory Authority of the State of New York is expected to sell $2 billion of state personal income tax revenue refunding bonds on Wednesday.

The New York City Transitional Finance Authority sold $1 billion of future tax-secured fixed-rate subordinate bonds, including $800 million of tax-exempt new-money bonds, $100 million of taxable qualified school construction bonds and $100 million of taxable new-money bonds.

New York school districts may be forced to reduce fund balance levels to meet rising expenditures in the absence of revenue growth, Moody’s Investors Service said in a report.

Nassau County, in New York's Long Island, received strong retail demand for the $218 million of short-term notes sold Thursday, with over $1 billion dollars in orders, said deputy county executive of finance Tim Sullivan.

A trial appealing the New York State Insurance Department's split of bond insurer MBIA Inc. ended with the plaintiffs' attorney arguing that since the department relied on incorrect facts in approving the split, it must be undone.

New York City stands to gain more than $100 million in additional funds to help close its fiscal 2013 budget gap, city Comptroller John Liu said Wednesday.

After recent downgrades, Long Island, N.Y.'s two financially troubled counties each plan to go to market this week to issue a combined $280 million of debt.

After seeing its bond rating slashed three-notches and facing the potential for another downgrade that would put it in junk territory, one of New York's wealthiest counties is experiencing higher borrowing costs.

The Buffalo Fiscal Stability Authority’s transition to an advisory control board from the “hard” control board it has been is a credit positive for Buffalo, N.Y.,, Moody’s Investors Service said Monday.

Rockland County, N.Y.’s Legislature last week passed a resolution to impose a new 4% tax on utility bills to help close the county’s $21 million budget gap.

The board of New York’s Metropolitan Transportation Authority has added TD Securities to its approved pool of variable-rate remarketing agents and dealers, after the MTA’s finance committee signed off on the move.

The New York City Transitional Finance Authority plans a $1 billion sale of fixed-rate future tax-secured subordinate new-money bonds next week, beginning with a two-day retail period that starts Monday.

The New York State Thruway Authority, faced with refinancing $868 million of short-term debt next month and a declining debt-service coverage ratio, is taking steps toward future toll hikes.

After nine years under a state-appointed control board, Buffalo, N.Y., will enter fiscal 2013 with new financial freedom.

The Dormitory Authority of the State of New York sold $140 million of new-money and refunding revenue bonds for triple-A rated Columbia University on Wednesday, after retail priced the same day.

New York's Metropolitan Transportation Authority will go to market on Wednesday with a $250 million sale of Triborough Bridge and Tunnel Authority bonds after Moody's Investors Service downgraded the TBTA's bonds last week.

New York City, with an eye toward boosting parking revenues and catching up with technology, expects to issue requests for qualifications by the end of the month to privatize the operation of its parking meters.