It is one of several P3-related recommendations the board made to Transportation Secretary Sean Duffy.
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The state paused recently approved transportation taxes after a Republican-led campaign to reverse them delivered signatures for a ballot measure.
December 15
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"The steps that would be necessary to restore a sound fiscal profile are becoming increasingly drastic," the rating agency said in downgrading Jersey City.
December 15
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The creation of state-owned banks would be uniquely impactful to help states and municipalities meet today's unprecedented short- and long-term challenges.
December 15
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Next year, the "muni market could see stable to improving returns depending on yield curve positioning, with better performance possible at the long end of the curve," said Jonathan Rocafort, managing director and head of fixed income solutions at Parametric.
December 15
Democratic Sens. Chris Van Hollen from Maryland and John Fetterman from Pennsylvania are reintroducing a bill to aid the public transit sector, a funding reduction target under Trump's administration.
As more states weigh legislative action to decouple from the provisions of One Big Beautiful Bill Act, Treasury Secretary Scott Bessent launches an outreach mission to counter what he calls, a "blatant act of political obstructionism," that will lead to higher state taxes.
Both parties agree the federal permitting process drives up infrastructure costs.
Photos from The Bond Buyer's 2025 California Public Finance conference.
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.
As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.
A review Moody's launched in September ended with rating downgrades and negative outlooks for the city's outstanding general obligation and revenue bonds.
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
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Software as a service platform Adaje has acquired bond structuring software provider Munex and hired 25-year muni veteran Jon Sidman as its chief product officer.
1h ago
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Democratic Sens. Chris Van Hollen from Maryland and John Fetterman from Pennsylvania are reintroducing a bill to aid the public transit sector, a funding reduction target under Trump's administration.
2h ago
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Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.
4h ago
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Puerto Rico Gov. Jenniffer González Colón filed suit to end the island's contract with LUMA Energy for electrical transmission and distribution.
December 12
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The well-regarded pediatric hospital system is not alone in facing downgrades amid the myriad challenges healthcare has experienced in recent years.
December 12
