Northeast

New York Gov. Andrew Cuomo's proposal to allow state counties to renew their sales tax rates without state legislature approval would be a financial positive for the counties, observers said.

Altoona, Pa.'s City Council will consider scheduling a referendum on whether to create a government study commission, one recommendation in its recovery plan.

New York State's cities, towns and school districts are facing unique challenges, according to a Wells Fargo Securities report.

In the aftermath of being depressed by Hurricane Sandy in November, New Jersey revenues bounced back in December.

Democratic Representative Ann Peoples has introduced a bill for a $100 million general obligation bond in the Maine House of Representatives.

Sen. Scott Frantz, R-Greenwich, the newest member of the Connecticut Bond Commission, wasted no time grilling Gov. Dannel Malloy about long-term debt.

Prince George's County, Md. will sell more than $300 million of highly-rated tax-exempt debt Tuesday, as the county seeks to benefit from low interest rates with both new money and refunding bonds.

Public finance officials and municipal bond analysts recalled Ed Koch, who died Friday at 88, as a passionate mayor who ran New York City as it emerged from the fiscal abyss.

Connecticut again weighs restoring highway tolls amid budgetary struggles, a raided lockbox transportation fund and less available federal money down the road.

New York Gov. Andrew Cuomo may be backtracking from a commitment to privatize the Long Island Power Authority, which holds $6.9 billion in short-term notes and long-term bonds.