Northeast

The Whitney Museum of American Art has had informal talks with the New York City Trust for Cultural Resources about selling bonds to help finance a new building in downtown Manhattan.

New Jersey Gov. Chris ­Christie yesterday pushed his proposed constitutional amendment to hold property tax increases at 2.5% and warned that without fiscal controls, the state could be the next Greece, as Treasury Department officials announced a $540 million revenue shortfall for fiscal 2010 and fiscal 2011.

The Dormitory Authority of the State of New York today plans to competitively price $800 million of taxable personal income tax Build America Bonds.

The Metropolitan Transportation Authority could sell revenue anticipation notes to fill a hole caused by New York’s withholding of subsidies, officials said at a finance committee meeting yesterday. This month the state has withheld $275 million of certain aid payments to the MTA, officials said.

New Jersey Gov. Chris Christie today will discuss his proposed constitutional amendment to place a 2.5% cap on property tax increases.

The Harrisburg Authority will miss a $3.2 million June 1 payment to bondholders of incinerator debt sold in 2003 that helped finance upgrades to the Pennsylvania facility.

New York’s Metropolitan Transportation Authority today will recommend Lamont Financial Services Corp. and Swap Financial Group LLC to replace Goldman, Sachs & Co. as its financial and swap advisers, according to materials posted on the MTA’s website.

WASHINGTON — Montgomery County, Md., officials are to meet today with analysts from the three major rating agencies to discuss recent budget cuts they made in an effort to secure the county’s ratings.

The New York State Environmental Facilities Corp. plans to market its first bond deal using a new security structure this week. The EFC’s new indenture for state revolving fund projects doesn’t require a reserve fund, something that bonds issued under the old indenture needed.

New Jersey Gov. Chris Christie Thursday vetoed two bills that would have increased taxes on individuals earning $1 million or more and restored property tax rebates for senior citizens.