Infrastructure

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Although there is no direct role for tax-exempt bonds in Opportunity Zones, municipalities are looking at them as a way to attract capital investment to economically distressed areas.

Next month Maine voters will be asked to borrow $106 million for the state's transportation infrastructure, adding to hundreds of millions of dollars in debt the state has taken on in recent years to prop up its underfunded highway budget.

Voters in one of the nation's fastest-growing counties will decide on a $750 million bond measure for roads as one of its school districts seeks $690 million.

With Democratic majority, Rep. Richard Neal of Massachusetts, a supporter of tax-exempt bond financing, would chair the Ways and Means committee.

Democrat Gretchen Whitmer and Republican Bill Schuette are running for the open seat of Michigan governor.

New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.

Climate resiliency is an increasingly material issue for investors in utilities that manage water infrastructure.

Technology problems with the nation's first commuter rail P3 threaten to unravel the partnership and junk the bonds issued for the project.

Stan Brezenoff expects to tap public-private partnerships and design-build as he sets out to rectify the troubled New York City Housing Authority,