Northeast

Triple-A Delaware will sell $345.1 million of tax-exempt general obligation debt today, ahead of its first-ever Build America Bond issue set for Oct. 14 via competitive bid.

The Dormitory Authority of the State of New York goes to market today with the state’s first qualified school construction bond deal. DASNY is marketing at least $50 million of QSCBs while at the same time offering $250 million of Build America Bonds and $99.8 million of tax-exempt bonds all on the state’s personal income tax credit.

Philadelphia is set to give pink slips to about 3,000 city employees Friday, but a bill that sits in the Pennsylvania Senate could help the city balance its fiscal 2010 budget and avert the massive layoffs and service reductions.

A fiscal oversight board Friday granted Philadelphia additional time to receive legislative approval for initiatives that would help the city balance its fiscal 2010 budget and avoid massive layoffs and service ­reductions.

Among the millions of dollars raised by four Democratic contenders for the office of New York City comptroller, public finance professionals have played a small role, contributing thousands of dollars, campaign finance records show.

New Jersey’s Treasury Department Tuesday announced that it would again renew its pool of 13 financial advisers for an additional one-year term.

Massachusetts Gov. Deval Patrick Tuesday appointed Jeffrey Mullan as secretary and chief executive officer of the new Massachusetts Department of Transportation, which will begin overseeing most of the state’s surface transportation systems on Nov. 1.

Massachusetts Secretary of Transportation Jim Aloisi announced Friday that he will step down from his post by Nov. 1, the same time that a new bonding authority, the Massachusetts Department of Transportation, will begin overseeing most surface transportation systems throughout the state.

Reading could be placed under state oversight to help it address budget deficits and shrinking revenue if Pennsylvania officials approve the city’s request for supervision.

The New York State Housing Finance Agency last week approved $177.4 million of bonds to finance nine affordable housing projects throughout the state.