Infrastructure

Out-year deficit borrowing looms after massive federal aid runs out, Chief Financial Officer Robert Foran tells the board.

Whether a BABs-like program could make it into actual law in Washington is still highly uncertain. What is certain: Some form of infrastructure spending is must-pass legislation because federal-aid highway funding is set to expire in October.

The agency must still pay the commonwealth due to 2007 legislation that went sideways.

Wednesday will be the first Senate vote on advancing a bipartisan infrastructure deal.

As congestion pricing looms, the mass-transit authority is hearing calls to rework its system to attract riders to support its capital program.

Honolulu plans to price $725.4 million of double-A-plus GOs next week; a significant chunk of the deal will support Oahu's troubled rail transit project.

The U.S. social bond market is in its infancy, but there is huge potential for the public sector to contribute to the growth of this market, a CBI report said.

The public transit agenices are benefitting from sales taxes that fared better than expected through the pandemic and the state's stronger fiscal footing

Voters in Texas' most populous county approved the flood control bonds after the devastation of Hurricane Harvey, but matching funds have been slow to arrive.

Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.