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Jim Watts

Recent Stories From this Author

Columbus, Ohio, Takes Top Spot in Smart City Transportation Race
June 23, 2016 Columbus, Ohio selected as national testing ground for smart transportation technology.

Federal Funding Assured for DFW Rail Link
June 22, 2016 Sponsors of a $1 billion rail line in north Texas said more than $535 million of federal funding is on the way.

MassDOT's $15 Billion Spending Plan Focused on Transit Reliability
June 21, 2016 Much of the funding in Massachusetts’ new five-year, $14.8 billion capital plan goes to transit infrastructure upgrades.

No General Revenues for Arkansas Highways
June 20, 2016 Unlike its neighbors, Arkansas does not tap its general revenues for transportation projects.

Purple Line P3 Project Gets TIFIA Loan; Residents Try to Halt Project
June 17, 2016 Maryland’s Purple Line rail P3 gets official notification of an $875 million low-interest federal loan.

Colleges Find Attractive Option in P3 Funding
June 16, 2016 Cash-strapped colleges and universities are increasingly likely to opt for P3 financing of campus infrastructure.

Austin Panel Endorses $300M Transportation Bond Plan Over Mayor's
June 15, 2016 The Austin City Council's transportation committee wants voters to decide on $300 million mobility bond packages.

Virginia Adopts Six-Year, $14.4 Billion Transportation Plan
June 14, 2016 Virginia’s Commonwealth Transportation Board used objective criteria to develop a six-year, $14.4 billion transportation plan.

Budget Impasse Threatens Illinois Road Work
June 10, 2016 Road projects in Illinois are imperiled by lawmakers' failure to reach accord with Gov. Bruce Rauner on fiscal 2017 state...

S.C. Governor Reluctantly Signs $2.3 Billion Road Bond Bill
June 9, 2016 South Carolina Gov. Nikki Haley gave her assent to a bill authorizing $2.3 billion of revenue bonds for highway projects.

Purple Line P3 Contract Garners BBB-Plus from S&P
June 8, 2016 Construction of Maryland's Purple Line P3 rail project will be financed with PABs and a low-interest TIFIA loan.

N.C. County May Raise Sales Tax for $2.4 Billion Transit System
June 7, 2016 Voters in Wake County, N.C., will decide in November whether to approve a 0.5% increase in the local sales tax to fund a...

Illinois' $11.2B Road Plan Won't Stop Deterioration
June 6, 2016 The condition of the state’s road network will worsen without additional investments in highway infrastructure, said Illinois...

Austin Rail Advocates Seek Bond Vote on $400 Million Line
June 3, 2016 A nonprofit group in Austin, Texas, wants a November vote on $397 million of GO bonds for first phase of a light rail line.

S.C. Lawmakers Approve Bill Authorizing $2.3 Billion of Road Bonds
June 2, 2016 South Carolina Legislature approves transportation funding bill backed by $2.3 billion of road revenue bonds.

Fitch Rates Purple Line P3 Debt Before Pricing of Bonds
June 1, 2016 Almost $1.2 billion of debt that will finance work on Maryland’s Purple Line P3 rail project is rated at BBB-plus by Fitch.

P3s Proposed for Veterans Hospitals, Cemeteries
May 31, 2016 Bill proposed by Sen. Deb Fischer, R-Neb., would authorize five P3s to finance and build VA medical facilities and cemeteries.

South Carolina Auditors Recommend Road Funding Shakeup
May 27, 2016 The Palmetto State should merge its state infrastructure bank into the transportation department, auditors said.

House Panel's Water Bill Has No Flint-Related Provisions
May 26, 2016 Water infrastructure bill adopted by House panel does not include drinking water provisions found in Senate committee’s plan.

Oregon Panel Sees $1 Billion Per Year Road Funding Gap
May 25, 2016 Oregon panel says state needs an additional $964 million per year to maintain and protect its existing transportation...


Bond Buyer Northeast regional editor Paul Burton, markets reporter Aaron Weitzman and Northeast regional reporter Andrew Coen examine the hot-button problem of public pension liability, including the lingering Illinois shadow, the New Jersey Supreme Court ruling, union pushback and Pennsylvania's bill to switch new employees to 401(k)-style plans.

As we await the final shoe to drop with regard to the SEC's MCDC initiative, the municipal market may be at a turning point in terms of disclosure.

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