Infrastructure

Bond lawyers, municipalities, and transportation officials are moving towards greater use of public private partnerships for infrastructure projects bogged down by capital constraints and high risk.

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

The ever-rising cost of projects is the number one financial challenge for municipalities, according to the latest survey from the National League of Cities.

The U.S. Department of Transportation announced it has achieved a hiring goal for new air traffic controllers as the threat of a government shutdown looms in the background.

The nearly-complete offshore wind power generation project can resume construction while it fights a stop-work order from the Trump administration.

The Pennsylvania government is still kicking the can down the road on public transit funding. This time, it's using capital funds to plug operating gaps. 

Advocates have floated similar measures repeatedly over the course of several administrations with no luck.

The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.

For the 24th year, The Bond Buyer editorial board will identify and recognize the year's most outstanding municipal finance transactions. The final deadline for nominations is Friday, October 17.

Infrastructure like vertiports may be financed with municipal bonds.