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It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.July 28
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Minnesota's governor blames efforts to strip emergency powers he used in the fight against COVID-19 for the holdup in passing a $1.8 billion bond authorization.July 28
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The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.July 24
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Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.July 23
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The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.July 22
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Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.July 20
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Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.July 20
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The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.July 17
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The Longmont City Council is expected to formally decide in August whether to seek voters' November election approval of a ballot question that would authorize the city to sell up to $80 million in water revenue bonds.July 16
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Voters approve two borrowing measures totaling $120 million.July 15
