Northeast

New York State’s 2% tax cap law contributed to Standard & Poor’s dropping Suffolk County’s credit rating by one notch ahead of two bond sales.

Heavy lifting remains after political and transit leaders announced an agreement for a five-year New York MTA capital program.

Nassau County Comptroller George Maragos is projecting a deficit risk of $49.1 million if changes are not made to the proposed 2016 budget.

The Long Island Power Authority is slated to sell $1 billion in restructuring bonds through its Utility Debt Securitization Authority (UDSA) in mid-October aimed at lowering costs of the utility’s nearly $8 billion outstanding debt.

New York City could contribute a lot more to the MTA’s capital plan if the state can stop lockbox raids and give the city more say, says Mayor Bill de Blasio.

A $28.52 million green bond sale by Vermont on Oct. 5 will help fund sustainable infrastructure projects, according to State Treasurer Beth Pearce.

With Pennsylvania’s budget stalemate about to its 100th day, Democratic Gov. Tom Wolf and Republican lawmakers are still far apart.

Pennsylvania’s House of Representatives rejected Gov. Tom Wolf’s proposed tax package as the commonwealth’s budget stalemate continues.

Atlantic City’s surviving casinos are showing signs of strength, according to a new study from Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism.

The Rhode Island Infrastructure Bank’s $47 million refinancing of water pollution control bonds realized $6 million in net present value savings, say officials.