Northeast

The New York City Education Construction Fund plans to competitively market $136.4 million of tax-exempt bonds on Thursday to complete the financing for construction of two public schools at an apartment tower and retail complex.

The New Jersey Economic Development Authority will issue $1.94 billion of refinancing debt Tuesday and Wednesday to switch variable-rate school facilities construction bonds into fixed-rate mode. The bonds are secured by the state’s appropriation pledge.

The Massachusetts Bay Transportation Authority is considering leveraging future parking revenues through a proposed nonprofit entity to generate up to $325 million and help pay down outstanding debt.

New York City brings its first deal of the new year to market next week with $875 million of tax-exempt bonds as it steps forward into a world without the Build America Bond option.

TRENTON , N.J. — New Jersey Gov. Chris Christie announced a plan Thursday to borrow $4.4 billion of bonds during the next five years to help finance road, bridge and mass-transit projects throughout the state.

Connecticut Gov. Dan Malloy’s first official act after being sworn in Wednesday was to issue an executive order requiring the state to craft budgets using generally accepted accounting principles.

In his first state of the state address, New York Gov. Andrew Cuomo on Wednesday said the state must reduce spending and close a $10 billion budget gap in the next fiscal year.

New Jersey should issue $2.7 billion of general obligation bonds to help finance a backlog of capital projects at its public universities and colleges, according to a report released late Tuesday.

The Mystic Aquarium & Institute for Exploration in Connecticut got a lifeline on Tuesday from Citi, which agreed to forgive $13.4 million of debt and convert $19 million of outstanding bonds into an effective loan.

Kimberly Betterton, a municipal bond and tax lawyer, has joined Ballard Spahr LLP in Baltimore, the firm announced Tuesday.