Northeast

Gov. Ned Lamont signed income tax rate cuts expected to benefit nearly 1 million people in the most comprehensive cut since the income tax was imposed in 1991.

The section of I-95 that collapsed was part of a recent $212 million reconstruction.

The Massachusetts Bay Transportation Authority's budget is focused on safety improvements after federal regulators pointed out deficiences.

City finance officials report that its recent $1.56 billion general obligation bond sale was more than six times oversubcribed.

"We are delivering the largest cut to Connecticut's income tax rates in state history," Gov. Ned Lamont said.

Muni Pride has been rebranded from California Muni Pride to reflect its developing national focus.

Olson, a 20-year municipal bond veteran, replaces Marjorie Henning who retired at the end of April. In his new position, he will be in charge of the Bureau of Public Finance, which manages the city's borrowing for the comptroller.

The Housing Development Corp. will come to market with almost $1 billion of sustainable development bonds to fund new housing projects in the city.

A bond-financed assisted living complex for low-income senior residents in southern New Jersey has been struggling to make timely monthly loan payments.

The recent influx of migrants has stressed the city's social services system amid uncertainty about whether funding will come from state or federal government.