Northeast

The New York City Municipal Water Finance Authority sold $456 million of second resolution, fixed-rate, tax-exempt new money bonds through negotiation.

In the wake of a scandal involving former New York State comptroller Alan Hevesi and the New York retirement fund, an outside firm has declared current Comptroller Thomas DiNapoli to be running the fund honestly and efficiently.

A bill to allow New Hampshire towns to establish contingency funds is advancing in the New Hampshire General Court.

A teacher's union has sued New York State government to overturn a cap on property tax increases enacted in 2011.

Rhode Island's tax structure is hindering is recovery efforts, according to an economic development study that Gov. Lincoln Chafee commissioned.

Gov. Tom Corbett could decide within days what to do with his lottery privatization plans after Attorney General Kathleen Kane struck down a deal with Camelot.

Nassau County, N.Y. plans to sell $328.5 million in long and short-term debt on Thursday.

The New York City Municipal Water Finance Authority, which sold $56 million of retail orders Tuesday, will follow up with an institutional sale of $435 million in water and sewer system revenue bonds.

SUNY Downstate Medical Center is planning to close one of its three hospitals in Brooklyn to deal with the center's financial problems.

Delaware will sell $340 million of triple-A rated general obligation tax-exempt debt in two transactions next week, pricing $115 million by negotiated deal and $225 million by competitive bidding.