New York

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.

The New York Energy Highway Task Force, appointed by Gov. Andrew Cuomo to implement the energy highway initiative, issued a request for information on April 11.

The city of Long Beach’s administration last week proposed an $87.9 million budget for the fiscal year 2012-2013, with roughly $4 million going toward the repayment of a portion of the 2011-2012 projected deficit.

The country's largest mass transit system will go to market with $600 million of transportation revenue bonds on Tuesday, with retail pricing on Monday.

The Port Authority of New York and New Jersey is expected to pay $60.3 million to BNP Paribas Capital Services Inc. on Monday after settling on a credit swap the bank previously announced it would terminate.

The NYC TFA is scheduled to sell $900 million of fixed-rate future tax-secured bonds in two sub-series on Wednesday.

Moody’s Investors Service has affirmed the Aa1, Aa1/VMIG1 and P-1 ratings on Cornell University’s outstanding bonds and commercial paper, and revised the outlook to stable from negative.

The passage of New York’s budget is a credit positive for less affluent school districts struggling to overcome constraints caused by the state’s new 2% cap on annual increases in property tax levies, Moody’s Investors Service said in a report.

New York Comptroller Thomas DiNapoli has appointed Robert Ward as deputy comptroller of budget and policy analysis.

New York Comptroller Thomas DiNapoli on Monday announced the state's tentative bond calendar for the second quarter that totals $3.8 billion in new issuance, including the New York City Transitional Finance Authority's $900 million bond sale next week.

The Port Authority of New York and New Jersey is scheduled to auction $400 million of its consolidated bonds on Wednesday.

New York's Metropolitan Transportation Authority has purchased 300 new rail cars for $600 million.

The Port Authority of New York and New Jersey voted Thursday to cut compensation and benefits for non-union employees, saving an estimated $41 million over the next 18 months.

The Port Authority of New York and New Jersey submitted a request to federal officials that its Bayonne Bridge "Raise the Roadway" project be considered for expedited review under President Obama's executive order on permitting and federal review.

Pension overhaul will save New York City less money in the next few years than had been expected, according to a new analysis.