Northeast

New York MTA approves its $15 billion operating budget in a warmup act for another capital program battle with Albany.

The Westchester County Board of Legislators has approved a $1.8 billion 2016 budget that for a sixth straight year will not raise property taxes.

New York State is receiving $75 million in grants to support 45 drinking water and wastewater infrastructure improvement projects, Gov. Andrew Cuomo announced Tuesday.

New York City Comptroller Scott Stringer’s latest call for change in the city’s $163 billion pension-fund system is for divestiture from coal.

Connecticut should phase in a reduction of its investment return assumption from 8% to 7% to conform “more realistically” to capital markets expectations, said state Treasurer Denise Nappier.

New York education, healthcare and non-profit issuers with strong credit will now be able to expedite their transactions under new guidelines approved by the Dormitory Authority of the State of New York.

The AFL-CIO Housing Investment Trust announced a partnership to invest up to $300 million in Metro New York affordable housing, community centers and care facilities.

New York MTA officials is looking to go green, and they don’t mean the map colors of the Lexington Avenue subway line.

In the latest Pennsylvania budget-impasse domino to fall, S&P withdrew its ratings based on the commonwealth’s school district state aid intercept program.

Moody's Investors Service affirmed its junk-level Caa1 Atlantic City, N.J. general obligation credit rating and kept a negative outlook late Friday citing uncertainty on whether there will be enough cash to make debt payments.