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Port Authority Credit Risks Shifting: Moody's
Credit risks for the Port Authority of New York and New Jersey are shifting because the agency is relying more on toll collections than aviation revenue to pay off debt, according to Moody's Investors Service.
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The Puerto Rico government and a healthcare coalition are lobbying to prevent cuts in healthcare spending that they say would hurt the island's economy.  more »
Puerto Rico Gov. Alejandro García Padilla proposed a budget that covers the commonwealth’s increasing external debts but not all of its internal ones.  more »
James Skeffington, part of a group that purchased the Pawtucket Red Sox minor league baseball franchise and envisioned a new stadium in Providence, died of a heart attack. He was 73.  more »
May 20--AUGUSTA -- Maine lawmakers are considering a raft of ideas to pay for long-neglected road and bridge repairs, ranging from increasing the gasoline tax to imposing a surcharge on electric and hybrid vehicles.  more »
New York’s MTA board approves four bond counsel firms and one disclosure firm with a goal of involving more minority- and women-owned businesses.  more »
New York City intends to sell about $1.3 billion of general obligation bonds in June, officials announced.  more »
Mayor Bill de Blasio unveils an overhaul of the New York City Housing Authority, saying the agency is mired 'in its worst financial position in more than 80 years.  more »
The Puerto Rico Electric Power Authority’s banks may hold the upper hand among creditors even though they are owed less than 10% of the utility’s debt.  more »
This week’s Atlantic City, N.J. bond sale will remove a "major short-term obstacle,” but the city still faces long-term risks according to Moody's Investors Service.  more »
Jurisdictional barriers and other frictional dynamics impede transportation infrastructure overhaul in the tri-state metro New York region.  more »
Rockland County, N.Y. received its first bond upgrade from Standard & Poor's since 2002, and a positive outlook, citing improved liquidity.  more »
Lee Ann Palladino, chief investment officer of the $30 billion Connecticut Retirement Plans and Trust Funds since 2011, will retire July 1.  more »
City Council members and a variety of civic advocates on May 18 called on New York Mayor Bill de Blasio to address mounting city infrastructure needs.  more »

Politics, public policy and public interest are the fundamental building blocks for public private partnerships in infrastructure.

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