Northeast

The New York mayor says he will seek federal funding for the $2.7 billion project.

The bond-funded megamall is on track to debut in the first half of 2019, its developer says, with a more specific date to be determined by January.

The Florida Development Finance Corp. will issue $1.75 billion of bonds for the privately owned passenger train project.

The Employees' Retirement System of Rhode Island received the highest form of recognition from GFOA for its 2017 CAFR.

The Maine Supreme Court dealt a blow to Gov. Paul LePage’s efforts to slow voter-approved Medicaid expansion.

NASBO Executive Director John Hicks said that deposits made to rainy days funds from budget surpluses will likely bring the total to more than $58 billion for fiscal 2018.

Such a move might allay fears in the capital markets while removing lawmakers from decision-making, according to consultant Jim Millstein.

New Jersey Gov. Phil Murphy cut an education bond measure to $500 million from $1 billion.

The Florida Development Finance Corp. will be asked to be the conduit issuer for $1.75 billion of PABs on behalf of the project's private owners.

City Budget Director Melanie Hartzog discusses the $89.16 billion fiscal 2019 budget, spending priorities, reserves and the dynamic between Mayor Bill de Blasio’s office and the City Council. Chip Barnett and Paul Burton host.