Northeast

Rhode Island Superior Court signed off on a pension overhaul agreement between Providence and its police officers, firefighters and retirees that Mayor Angel Taveras said possibly saved the capital city from filing for bankruptcy.

The Pennsylvania State System of Higher Education's board of governors approved up to $32 million in fixed-rate bonding for four capital projects.

State Comptroller Thomas DiNapoli said New York's recently adopted "contains temporary resources and revenue assumptions that may fall short."

About 18% of New York localities are seeking to override a property tax cap in the current fiscal year, State Comptroller Thomas DiNapoli reported.

The Department of Economic and Community Development awarded $10.6 million in loans and grants to remediate nine brownfields throughout Connecticut.

Fitch Ratings downgraded the general obligation bonds of Hamden, Conn., to BBB-plus from A-minus, affecting about $78.5 million of debt.

Mayor Ed Pawlowski told the Allentown, Pa., City Council that without a $220 million lease of its water and sewer system, "we'll be just another Pennsylvania city making ugly headlines."

New York City has issued an RFP for a new health care contract, with deputy mayor Cas Holloway calling labor contracts and benefit packages pressing challenges.

Philadelphia city officials have excluded the media from their investor conference, triggering objections from news outlets including The Bond Buyer.

Some Pennsylvania Republican lawmakers propose using money from the expected privatization of the state's liquor stores to rebuild roads and bridges.