Northeast

Massachusetts lawmakers send Gov. Charlie Baker a $39.1 billion budget amid ever-widening revenue gap projections.

Pennsylvania's legislature sent Gov. Tom Wolf a $31.5B on-time budget. All that's needed is $1.2 billion to balance it.

Atlantic City is looking to slice its annual debt service payments by 26% as part of its recovery plan to avoid a state takeover, Mayor Donald Guardian said during a community meeting Tuesday night.

The state of Delaware will issue $85.5 million of tax-exempt general obligation refunding bonds Thursday, according to an event notice posted on the Municipal Securities Rulemaking Board’s EMMA website this week.

Working against deeper budget deficit estimates, Massachusetts House and Senate leaders are negotiating a budget for the new fiscal year that will start Friday.

Pennsylvania's House of Representatives on Tuesday night passed a $31.6 billion budget bill as the deadline hovers for a new fiscal year.

New Jersey legislative leaders and Gov. Chris Christie have reached agreement on a compromise gas tax hike plan to keep the state’s Transportation Trust Fund afloat that would be offset by a sales tax cut.

The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13.

Market turmoil following the Brexit vote emphasizes the need for diversification of pension funds, said New York City Comptroller Scott Stringer.

New York City broke ground Friday on a $67 million reconstruction project at the Ocean Bay-Oceanside development in the Rockaways. The New York City Housing Authority development, which is home to more than 400 families, was hard hit by Hurricane Sandy.