Northeast

Providence Mayor Angel Taveras warned that the Rhode Island capital will run out of money in June without a reduction in pension obligations and larger contributions from tax-exempt institutions such as Brown University.

State-appointed receiver David Unkovic’s long-awaited financial plan for the struggling city of Harrisburg, Pa., is due Monday.

New York Gov. Andrew Cuomo signed a bill requiring the Long Island Power Authority to undergo periodic audits.

Massachusetts Treasurer Steven Grossman has named Jack McCarthy the permanent executive director of the Massachusetts School Building Authority.

Nixon Peabody LLP public finance attorney Navjeet Bal has joined the board of directors of the Massachusetts Budget and Policy Center.

The Connecticut State Bond Commission has approved $291 million of borrowing over 10 years for a proposed research laboratory adjacent to the University of Connecticut Health Center in Farmington.

Nassau County, N.Y.'s state-appointed control board cut the county's requested bonding plan by one-third from $90 million, and again chastised officials for failing to provide a plan to save $150 million in labor costs.

The attorney for the Harrisburg, Pa., City Council said he might appeal the latest federal rejection of its Chapter 9 bankruptcy petition.

Nixon Peabody LLP has elected Jeffrey Piemont as a partner in the law firm's New York office. He assumed his new duties Wednesday.

WASHINGTON — With most of the state's revenue spoken for and few options left for raising more, Maryland Gov. Martin O'Malley announced Wednesday that he will introduce a proposal to repeal a sales tax exemption on gasoline as part of a larger plan to inject money into transportation infrastructure and create jobs.