Northeast

Suffolk County Executive Steve Bellone announced his proposed 2013-2015 capital budget of $129.9 million.

Long Island County Executives Steve Bellone and Edward Mangano announced last week that Suffolk and Nassau counties will together save an estimated $1 million as a result of a cooperative bid for the purchase of wastewater treatment and pool chemicals.

New York Gov. Andrew Cuomo has announced a $17.1 million investment for New York Works projects that will call for 31 flood-control systems and dam repair projects in western New York.

Fitch Ratings has revised its outlook to negative from stable on Manchester, N.H.’s airport revenue bonds.

New York's Metropolitan Transportation Authority increased its transportation revenue bond issue on Tuesday by 30%, to $729.1 million from an estimated $556 million during retail pricing.

WASHINGTON — Virginia won applause from Moody's Investors Service this week following an overhaul of its pension system, but neighboring Maryland received flak as the credit rating agency warned its proposed budget cuts could harm the credit of local governments.

The New Jersey Garden State Preservation Trust is expected on Wednesday to sell $285 million of open-space and farmland preservation bonds to refund its Series 2003A and 2005A bonds.

Pennsylvania plans to sell $950 million of general obligation bonds by competitive sale on Tuesday.

Massachusetts' request for qualifications for public finance investment banking and underwriting services — its first in four years to pre-qualify banks to use in negotiated sales — has elicited widespread responses, state Treasury officials say.

Providence dropped retired Supreme Court Justice Robert Flanders as an advisor after he said the capital city was headed to bankruptcy court.