Northeast

The Suffolk County Legislature passed a $2.9 billion budget Wednesday that was balanced by including $117 million in one-time revenue projections.

The Connecticut Teachers' Retirement Board approved an actuary's recommendation to reduce the investment return assumption from 8.5% to 8%.

A capital project to provide East Side access in New York to Long Island Rail Road trains is nearly 60% complete, said MTA official Michael Horodniceanu.

Citing a state budget impasse in its fifth month, Moody's downgraded Pennsylvania's pre-default intercept programs for school districts to A3 from A2.

Pennsylvania Gov. Tom Wolf offered support for the Philadelphia Regional Port Authority’s planned development of the Southport Marine Terminal Complex during a visit Wednesday to the 196-acre site.

Atlantic City, N.J. was kept on credit watch negative by Standard & Poor’s Wednesday in advance of an updated emergency manager report and an expected decision on a financial assistance package approved by the New Jersey State Legislature.

One day after $6.4 million in Maine’s 2010 voter-approved land conservation bonds expired, the state’s voters overwhelmingly passed referendums that authorize borrowing of $100 million for transportation and affordable senior housing projects.

While the MTA's $29 billion capital plan is under review by a panel in Albany, the sniping remains in New York.

State Rep. Karen MacBeth wants the Rhode Island State Police and Attorney General to investigate Michael Corso's activities related to the 38 Studios bond fiasco.

Fitch Ratings downgraded three series of bonds issued by the Berks County Municipal Authority, Pa. on behalf of Reading Hospital and Medical Center Project to A-plus.