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Hard Rock International unveiled plans this month for a $375 million makeover of Atlantic City’s shuttered Trump Taj Mahal Casino Resort in a move elected officials hope will help spur the debt-ridden Jersey Shore resort back to prosperity.
By Andrew Coen-April 13 -
Atlantic City Mayor Donald Guardian has proposed a new budget with $35 million in cuts in an effort to bring the cash-strapped Jersey Shore locality back to fiscal health.
By Andrew Coen-April 12 -
New York lawmakers finalized a new $163 billion budget over the weekend that includes additional funding for water infrastructure enhancements through capital bonding.
By Andrew Coen-April 10 -
An 11th New Jersey credit downgrade under Gov. Chris Christie prompted a grilling of State Treasurer Ford Scudder Wednesday about concerns of future higher borrowing expenses.
By Andrew Coen-April 7 -
The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.
By Andrew Coen-April 7 -
Gov. Chris Christie has cut off state payments to Amtrak.
By Andrew Coen-April 6 -
Buffalo, N.Y. received an improved credit outlook from two rating agencies ahead of a planned bond sale to address capital improvements.
By Andrew Coen-April 5 -
The New Jersey Municipal Qualified Bond Act program, New Jersey County College Enhancement Bond Program, and New Jersey School Bond Reserve Act program were all downgraded in connection with the recent downgrade of the state government.
By Andrew Coen-April 4 -
New York’s first late budget in seven years will not impact the state’s owed bond payments, according to Moody’s Investors Service.
By Andrew Coen-April 4