Infrastructure

Even with a board vote just five weeks away, the proposed five-year capital program for New York’s Metropolitan Transportation Authority is a big unknown.

The county would use its triple-A rating to support a refunding deal for its largest city, which is rated eight notches lower.

Spiraling population, record tourism and new dynamics such as climate change have intensified the city's challenge, said a Center for an Urban Future report.

Nicole Gelinas of the Manhattan Institute dives into the New York MTA reorganization controversy. Paul Burton and Andrew Coen host.

Federal funding would be reduced to 44% from 49% of the cost of the Gateway project, which had been blocked by the Trump administration.

Minneapolis-St. Paul Airport is pricing bonds that will partially finance projects under its capital plan and refund previously issued debt for a savings.

Janet Mills offered a slimmed-down compromise bond package in an effort to get borrowing proposals on the November ballot.

The commonwealth intends to refund $630 million in taxable and tax-exempt bonds next week, and issue $600 million tax-exempt new-money on Sept. 5.

A bond insurer and bondholders may file complaints in the Miami-Dade County Expressway Authority's lawsuit challenging a state law abolishing the authority.

The funds will be used to help local water systems provide safe drinking water.