Northeast

Gov. Dannel Malloy touched briefly on Connecticut's finances against the hovering backdrop of the Newtown school shootings in his state of the state address.

The impact of Hurricane Sandy on the New York City public hospital system will exceed $800 million, according to Health and Hospitals President Alan Aviles.

A New York State commission's proposal to privatize the Long Island Power Authority would require the immediate redemption of the authority's $6.9 billion in short-term notes and long-term bonds, some analysts are saying.

New York's Metropolitan Transportation Authority will price $805 million of Triborough Bridge and Tunnel Authority refunding bonds, starting with Wednesday's retail period.

The impacts of property tax caps in the Eastern U.S. states are mixed, ranging from minimal to restrictive, according to a recent report from Standard & Poor's.

Local Massachusetts governments still face significant fiscal strain, but most have managed their challenges well, Moody's said in a special report.

New York State localities' unreserved fund balances are less than half recommended levels, the Office of the New York State Comptroller has reported.

New York City has totaled $154.1 million in overtime costs related to Hurricane Sandy from Oct. 29 to Dec. 24, the Independent Budget Office reported.

Congress added a provision into fiscal-cliff legislation that extends the issuance of tax-exempt New York liberty bonds, authorized after the Sept. 11 attacks.

Master trustee UMB Bank told West Penn Allegheny Health System to file an audited financial statement within 30 days to avoid violation of a bond covenant.