Infrastructure

The measure would allow issuers to tap unused pandemic aid for transportation, infrastructure and disaster aid relief.

The port's operating revenue will continue to recover, enabling it to return to a total net revenue debt service coverage ratio of 1.75 times by 2023, the rating agency said.

Revenues from the Bay Area Toll Authority's seven bridges are recovering more slowly than many other U.S. toll roads, but it enjoys strong credit fundamentals.

With the ink drying on the new Infrastructure Investment and Jobs Act, eyes now turn to the implementation of one of the largest infrastructure programs in American history.

Analysts project a positive outlook for toll roads in 2022, expecting median tolled traffic and revenue growth at 2% and 4%, respectively.

Muni advocates say they want a lawmaker with local government experience to take over as influential chair of the House Committee on Transportation and Infrastructure.

California will seeks its share of infrastructure bill funding to provide equitable access to high-speed internet.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.

The Chicago-area transit service boards expect a boost from strong sales tax revenue and discretionary grant funding from the federal infrastructure package.