Northeast

The New Jersey Educational Facilities Authority is looking for financial advisory services for a one-year period with an option to renew for a second year.

A New York state task force overseeing the implementation of public authorities reform legislation is looking at how the New York City Industrial Development Agency conducts its ­business.

Rhode Island’s $144.7 million, three-part bond deal tomorrow will be the first in which an entire state has been designated a “recovery zone.”

The University of Connecticut plans to market tax-exempt bonds to institutional investors tomorrow in a $138.8 million offering that began a two-day retail order period on Friday.

New York City Mayor Michael Bloomberg yesterday cranked up the volume in a fiscal fight with the governor at the release of his executive budget proposal. The mayor proposed a $62.9 billion budget that apparently included few changes from his preliminary budget released in January.

The New Jersey Economic Development Authority Wednesday will issue $750 million of taxable school construction Build America Bonds, in what could be the BAB market’s largest floating-rate note sale.

Pennsylvania officials yesterday weighed in on an initiative to prohibit local governments from using derivatives, with most participants in the public hearing urging greater state regulation and guidelines for such instruments rather than ending swaps at the local level.

Connecticut lawmakers yesterday appeared to have reached agreement on $950 million of deficit borrowing to balance the state’s biennial budget.

Pennsylvania Gov. Edward Rendell yesterday announced proposals to address a transportation funding shortfall, including a short-term plan in which the state would sell $1 billion of debt during the next two years.

As Connecticut lawmakers met yesterday on the day before the end of the 2010 legislative session, it was unclear whether there was a deal to close the state’s $700 million fiscal 2011 budget gap.