Infrastructure

It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.

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.

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.

Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

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.

Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.

The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.

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.

Voters approve two borrowing measures totaling $120 million.