Northeast

The Pennsylvania Senate passed a $30.8 billion spending plan though without a tax package. Whether the House can agree to end a six-month stalemate is up in the air

The Internal Revenue Service told Woodland Hills School District in Allegheny County, Pa. that bonds it issued in 2005 and advance refunded in 2013 may violate tax requirements and be taxable.

New York’s MTA says it has substantially completed two significant contracts on East Side Access, the megaproject intended to bring LIRR service to Grand Central Terminal.

The Massachusetts Pension Reserves Investment Management Board and two of its executives earned top honors for innovation from Asset International-CIO.

Nassau County, N.Y.’s fiscal control board has approved its $2.95 billion 2016 budget, while mandating quarterly reviews to track if revenue and spending levels are on the right track.

Connecticut Gov. Dannel Malloy announced an agreement with Amtrak to complete Hartford line commuter rail service between New Haven and Springfield.

A Suffolk County Superior Court dismissed Boston’s lawsuit aimed at stopping Wynn Resorts’ planned $1.7 billion casino in nearby Everett.

The Town of Hempstead, N.Y. on Long Island had its credit rating for $370 million of previously issued limited tax general obligation bonds slashed one notch to Aa2 by Moody’s Investors Service. The outlook was revised to negative from stable.

In an effort to bring New Jersey’s reassessment system up to date, three Garden State municipalities may be forced to reassess properties that have been under-taxed for decades.

The trustees of the New York City Pension Funds approved a plan to create a common investment meeting, in a move city Comptroller Scott Stringer says will significantly streamline the operations of the five pension boards.