Northeast

New Jersey is looking for underwriters to work on a school construction bond refinancing that officials anticipate bringing to market this fall.

Dauphin County, Pa., Commissioners Wednesday approved a contingent $34.7 million loan from PNC Bank to pay off Harrisburg Authority incinerator notes that will come due on Dec. 15.

Fitch Ratings on Wednesday downgraded to junk $792 million of bonds issued in 1997 by the Port Authority of New York and New Jersey to build a terminal at John F. Kennedy International Airport.

The New York City Municipal Water Finance Authority plans to market $500 million of taxable Build America Bonds on its subordinate lien on Tuesday.

New York Republican Comptroller candidate Harry Wilson said in an interview last month that he worked on a bond transaction with the Los Angeles Department of Water and Power but declined to discuss it. The department could not confirm that Wilson had worked on a deal.

Investors in bonds that financed parking facilities serving Yankee Stadium are currently reviewing the budget of the fiscally troubled nonprofit that runs the lots, after being asked to waive debt-service coverage covenants.

New York City ended fiscal 2010 on June 30 with a $5 million general fund surplus, according to the comprehensive annual financial report released Friday by the city comptroller’s office.

New Hampshire Thursday will enter the market with its ­first-ever Garvee sale, a $77.1 million deal that includes $60 ­million of taxable recovery zone economic development bonds.

The Internal Revenue Service is auditing the New Jersey Turnpike Authority’s $1.37 billion of Series 2009F Build America Bonds in a routine examination.

New York voters next week will decide whether a politician or a businessman should be the state’s comptroller.