Northeast

Connecticut will begin a two-day retail period on Monday for its $500 million general obligation bond sale. The institutional sale is Wednesday.

Moody's Investors Service has changed the ratings and/or outlooks of 181 New York localities participating in the New York State Section 99-B Intercept Program.

Allentown, Pa., on Thursday closed its $211 million deal to lease its water and sewer system to the Lehigh County Authority and cover its unfunded pension liability.

Soon after a New Hampshire authority became the first issuer to withdraw from the Internal Revenue Service's voluntary closing agreement program for student loan bonds, the IRS initiated an audit of $135.4 million of adjustable rate education loan revenue bonds it issued in 2011.

The Pennsylvania Liquor Control Board, in a crossfire amid Gov. Tom Corbett's efforts to privatize the system, announced record revenue and net income for fiscal 2013.

Vermont expects to reduce its unfunded health care liability by $150 million through a waiver plan crafted by its teachers retirement system and Treasurer Beth Pearce.

Harrisburg, Pa., controller Dan Miller, who lost in the Democratic mayoral primary, will not run as a Republican for that office.

The Massachusetts Gaming Commission disqualified the owners of Plainridge Racecourse from applying for the state's single slots-parlor license.

Maryland intends to develop a 16-mile light rail project in the Washington D.C. suburbs through a public-private partnership, the largest P3 in the state and the first for a transit project, government leaders announced Monday.

In an action that could affect numerous transactions across the country, the Internal Revenue Service has determined that revenue bonds issued by a New Jersey authority for the Deborah Heart and Lung Center are taxable because the borrower entered into a total return swap.