Northeast

Philadelphia has lost $331 million in net interest payments and cancellation fees related to swaps, the Pennsylvania Budget and Policy Center wrote in a report.

New York City Comptroller John Liu’s office has launched a website, “MWBE Report Card NYC,” to track how much each city agency spends on minority- and women-owned enterprises. The address is mwbereportcardnyc.com.

Gov. Chris Christie signed a bill legalizing sports betting in New Jersey, but the move would take effect only if a federal ban on such gambling is reversed.

The law firm Fulbright & Jaworski LLP recently promoted public finance attorney Michael Pikiel Jr. to partner in the New York City office.

Rockland County will ask the New York Legislature for authorization to issue up to $80 million of bonds to cover its operating deficit, and to raise its sales tax by three-eighths of 1% to cover those bonds.

Five days after it placed Woonsocket, R.I., on review for downgrade, Moody's Investors Service lowered the city's long-term general obligation rating to Ba2 from Ba1, affecting $225 million of parity debt.

The Port Authority of New York and New Jersey plans to auction $400 million of 171st Series consolidated bonds to support capital projects.

New York Gov. Andrew Cuomo on Tuesday introduced his fiscal 2012-13 executive budget. The $132.5 billion spending plan marks a decrease of $225 million from 2011-12. The recommendations cut the projected four-year deficit by more than half, to $7.4 billion from $16.4 billion.

A bill to provide East Providence a $12.6 million advance on state education aid to prevent it from running out of cash Friday is headed for Rhode Island’s Senate.

Calling it "the most talked-about empty building in the Bronx," New York City Mayor Michael Bloomberg announced on Thursday an initiative to redevelop the site of the Kingsbridge Armory.