New York

The New York City Regional Economic Development Council announced a series of consolidated funding application workshops throughout the city’s five boroughs.

New York City Comptroller John Liu last week proposed a plan to accelerate $2 billion of capital spending over the next two fiscal years for school construction and other capital projects that have already been approved.

Nassau County, N.Y., has selected New Jersey-based United Water to operate and improve the county's three troubled wastewater treatment plants.

Fitch Ratings has downgraded the upstate city of Utica’s rating to BBB from A-minus on $41.4 million of unlimited-tax general obligation bonds. The outlook is stable.

The Port Authority of New York and New Jersey last week launched a nationwide search for a chief financial officer to replace Michael Fabiano, who has announced he will retire at the end of this year.

New York’s industrial development agencies supported 4,444 projects and provided nearly $500 million in net tax exemptions in 2010, but projects were down and cumulative job gains decreased by 22,000 from 2009, according to an annual performance report by state Comptroller Thomas DiNapoli.

The Dormitory Authority of the State of New York sold $86.3 million of New York University revenue bonds on Thursday.

New York State ended its 2011-12 fiscal year with major reductions in structural budget gaps, but tax receipts underperformed expectations for the fifth year in a row, according to a report released by the state comptroller on Monday.

Suffolk County’s larger than estimated deficit is a credit negative, Moody’s Investors Service said in a report last week.

Former Yonkers, N.Y., deputy mayor William Regan, who received a controversial last-minute spike in pay, also attempted in vain to receive thousands of extra dollars in unemployment pay, the Journal News of Westchester County reported.

New York's Metropolitan Transportation Authority on Wednesday approved a deal surrendering its vacant former downtown Brooklyn headquarters for use by New York University as an applied science center.

Nassau County, N.Y., is expected on Wednesday to sell $207.1 million of general improvement bonds in a competitive sale and $34.6 million of taxable bond anticipation notes in a negotiated sale.

Cities, counties and states continue to struggle with unfunded pension liabilities, prompting the question of whether pension obligations represent debt or values.

Buffalo, N.Y., on Tuesday auctioned $39.8 million of bonds in three series at the lowest interest rates in the city’s history.

The New York State Bridge Authority, which operates and maintains New York’s five vehicular bridges spanning the Hudson River, sold $93 million of general revenue bonds on Tuesday in a competitive sale.

Suffolk County Executive Steve Bellone announced his proposed 2013-2015 capital budget of $129.9 million.

Long Island County Executives Steve Bellone and Edward Mangano announced last week that Suffolk and Nassau counties will together save an estimated $1 million as a result of a cooperative bid for the purchase of wastewater treatment and pool chemicals.

New York Gov. Andrew Cuomo has announced a $17.1 million investment for New York Works projects that will call for 31 flood-control systems and dam repair projects in western New York.

New York's Metropolitan Transportation Authority increased its transportation revenue bond issue on Tuesday by 30%, to $729.1 million from an estimated $556 million during retail pricing.

The New York City Transitional Finance Authority sold $900 million of future tax-secured, fixed-rate new money subordinate bonds.