Northeast

The Pennsylvania Turnpike Commission Thursday evening re-filed its application to the Federal Highway Administration to implement tolls on Interstate 80.

New York has used its dedicated highway and bridge trust fund more like a piggy bank than the pay-as-you go vehicle it was originally created as, according to a report released last week by Comptroller Thomas DiNapoli.

Massachusetts Gov. Deval Patrick last week released additional details of how he plans to close an estimated $600 million revenue shortfall in the fiscal 2010 budget, opting to retain local aid allocations totaling $936 million.

As goes the New Jersey governor’s race, so goes its open space.

The $700 million of bonds to finance a professional basketball arena at the Atlantic Yards project in Brooklyn could be sold and the proceeds placed into escrow as legal challenges to the project are resolved, an official at the Empire State Development Corp. said yesterday.

The Dormitory Authority of the State of New York at its board meeting yesterday gave final approval for $1 billion of bonds to finance workers’ compensation settlements with New York State and $520 million of debt for two colleges.

Capital projects at higher educational institutions, prisons, and construction of a new convention center in Philadelphia could hit a financing roadblock if state legislators in November fail to pass ­Pennsylvania’s fiscal 2010 Capital Debt Act.

Connecticut Gov. M. Jodi Rell yesterday called on lawmakers to cut spending in light of Moody’s Investors Service decision Monday to lower the state’s rating outlook to negative.

The Port Authority of New York and New Jersey plans to competitively price $300 million of tax-exempt bonds today in what it expects to be its last bond offering of the year.

The Metropolitan Transportation Authority may delay payments to its pension fund if a New York State deficit-closing proposal reduces funds available to repay revenue anticipation notes, the MTA said yesterday.