Thomas Nocera joined The Bond Buyer in 2022 to cover the Northeast region. He began his career in local journalism, covering crime, politics, business, and the culture of New York City's most populous borough, Brooklyn. During the pandemic, Thomas covered the national healthcare industry for the Guardian News and later worked with the GroundTruth Foundation to report on protest movements in New York in addition to the state of a federally managed refugee resettlement program struggling in the wake of the U.S. withdrawal from Afghanistan. Thomas received a masters degree from Columbia University's Graduate School of Journalism and is a former fellow of the Overseas Press Club Foundation.
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The fiscal 2024 budget features new spending without a fare hike or clear indication of when a dedicated funding stream for the state transit operator will be found.
July 20 -
The decision signals the end of a legal saga that began last year when local residents opposed validation of $15 billion of municipal bonds.
July 19 -
Officials are assessing the damage wrought by the worst floods to hit the state since Hurricane Irene. Since then, the state has spent millions to climate-proof infrastructure.
July 19 -
The agency boosted Nashville's long-term general obligation rating to AA-plus while also upgrading bonds connected to the development of a new stadium for the NFL's Tennessee Titans.
July 12 -
Bondholders invested in the redevelopment of Elvis Presley's Graceland Mansion were left singing the blues after borrowers missed another scheduled debt service payment.
July 12 -
Proponents say it's the right time after states reaped the revenue rewards of a strong post-COVID economic rebound. Opponents, however, point to the gloomy market predicted to be ahead.
July 7 -
The $54.3 billion spending plan for fiscal 2024 is $5.4 billion larger than last year's and $1.2 billion more than the proposal Gov. Phil Murphy pitched in February. It features tax-relief programs and tax code changes.
July 3 -
Buy in starts at $100 and the one-year taxable notes carry a 5% coupon rate. The Green Banks is seeking $350,000 for a green energy upgrade program.
June 30 -
Following a two-year delay in implementation, babies born after July 1 in Connecticut whose whose births are covered by the state's Medicaid program will see the deposits of $3,200 into a publicly managed trust fund.
June 29 -
The city is uncoupling Greenville's economic development arm from the local government, with the goal of spurring private sector investment in the city of 72,000.
June 28