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State Treasurer Denise Nappier announced a reduction in the Connecticut Higher Education Trust management fee, now that the direct-sold plan has exceeded $2.5 billion in assets.
June 7 -
A new state rescue plan fails to address Atlantic Citys long-term fiscal challenges, S&P Global Ratings said Tuesday in affirming its deep junk-level CC rating of the New Jersey gambling resort.
June 7
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Michael Mulhern will resign as executive director of the embattled $1.6 billion MBTA Retirement Fund, which is under fire for its secretive management,
June 7 - Pennsylvania
The Philadelphia Area Municipal Analysts Society (PhAMAS) is holding two public pension days on June 9 and July 13 exploring how issuers are addressing legacy costs.
June 7
- New York
New York Mayor Bill de Blasio has struck a disability pension deal with unions representing firefighters, sanitation workers and correction officers.
June 7 -
A Dowling College alumni group has launched a campaign to save the 48-year old Long Island school after it announced plans to close last week.
June 6
- Massachusetts
Massachusetts officials acknowledge a $311 million year-to-date revenue shortfall that could complicate efforts to finalize a state budget.
June 6 - New York
The New York City Housing Development Corp. intends to issue more than $455 million in bonds and provide more than $115 million in additional financing for affordable housing.
June 6 -
Unrated Scranton, Pa., announced a P3 under which nonprofit National Development Council will manage its parking system.
June 3 -
Vermont Gov. Peter Shumlin signed a $612.5 million fiscal 2017 transportation bill that boosts funding for road repaving and bridges.
June 3
