Infrastructure

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.

The $850 million sale of special tax obligation bonds drew a record $478 million of retail orders, said state Treasurer Denise Nappier.

The Los Angeles airport enterprise received a Moody's ratings boost ahead of plans to price $650 million in subordinate revenue bonds.

Five states also elect governors and voters in two states decide whether to restrict future tax increases.

The newly-minted water infrastructure law is good news for state and local governments looking for more avenues to finance water projects.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

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.