New York

New York City tax collections during the next four years will come in $5.56 billion above Mayor Michael Bloomberg’s revenue projections, according to a report from the city’s Independent Budget Office.

Nassau County residents this summer could weigh in on a $400 million borrowing to help finance two new sports facilities on Long Island.

New York City Mayor Michael Bloomberg Friday released a $66 billion executive budget for fiscal 2012.

The Internal Revenue Service is auditing $20 million of Series A bonds issued in December 2005 by the City School District of Middletown in Orange County, N.Y. The audit was disclosed Monday in an event notice the issuer filed with the Municipal Securities Rulemaking Board’s online EMMA system.

Whether the New York Insurance Department can appeal a ruling that ordered it to hand over e-mails and documents regarding the restructuring of bond insurer MBIA Insurance Corp. could be decided soon.

New York's Metropolitan Transportation Authority Thursday announced that it plans to sell three buildings on Madison Avenue in midtown Manhattan to raise about $150 million.

New York City is looking for financial, pricing, and swap advisory services to assist it and its issuers as they plan to sell $29 billion of new-money bonds from fiscal 2012 through 2015.

WASHINGTON — The Internal Revenue Service is auditing $228.1 million of “green” bonds issued in February 2007 by the Syracuse, N.Y., Industrial Development Agency to determine if they violated tax laws.

A new mixed-use development adjacent to Manhattan will provide up to 5,000 new housing units for New York City, with tax-exempt bonds helping to finance the first phase of the project.

Silverstein Properties Inc. anticipates a mixture of fixed-rate and variable-rate debt will grab lower all-in costs on an upcoming Liberty revenue bond deal to help finance construction of Tower 4 at the World Trade Center.

The New York City Independent Budget Office Tuesday released its annual list of potential spending cuts and revenue enhancements, including a proposed waste-to-energy plant that could generate $29 million of savings per year.

Officials anticipate blending fixed-rate bonds and floating-rate debt to grab a lower all-in borrowing cost on $1.28 billion of tax-exempt Liberty revenue bonds that will help finance construction at the World Trade Center.

A flurry of New York issuance helped to boost supply last week in the municipal bond market as buyers grabbed $1.87 billion of debt from the Empire State.

Standard & Poor’s last week revised its outlook on the University of Rochester to positive from stable as revenue growth and limited spending have improved the school’s operating performance.

The Nassau County Interim Finance Authority Thursday approved a wage freeze for Nassau County employees and said the Long Island county’s revised budget fails to address shortfalls.

Don’t count on the state for help.That’s the message Mark Page, director of New York City’s office of management and budget, expressed Monday before the City Council’s Finance Committee.

New York State will sell $830 million of new-money and refunding general obligation bonds via competitive bid on Tuesday to help finance transportation and environmental infrastructure needs and generate debt service savings.

Nassau County, N.Y., Executive Edward Mangano Wednesday announced $121.2 million of budget cuts and “hundreds” of layoffs to help balance the $2.6 billion budget for fiscal 2011.

The New York Senate passed its ­fiscal 2012 budget and the Assembly was set to pass its spending plan as lawmakers continue to disagree on whether to ­extend a tax increase for millionaires.

Four former superintendents of the New York Insurance Department argued Sunday that the regulating body didn’t have the authority to approve bond insurer MBIA Inc.’s February 2009 ­restructuring.