Infrastructure

The New York MTA board approved the latest, $29.5 billion, iteration of a five-year capital program that seemingly has had more delays than some of its megaprojects.

New transportation program dedicates portion of revenue from Nebraska’s gasoline tax to state road infrastructure bank.

Variable-rate debt represents a manageable 7% of New York MTA’s $36.7 billion debt portfolio, finance manager Patrick McCoy said.

Junk-rated Chicago Public Schools will offer a fiscal 2017 budget next month that relies on credit lines to help pay its bills, schools chief Forrest Claypool said.

Construction delays at the 72nd Street station could jeopardize the planned December opening of the Second Avenue subway line, New York MTA officials say.

Maryland is seeking a federal FASTLANE grant to expand a subsea rail tunnel that moves freight at the Port of Maryland.

An international consortium of investors and project developers plans to issue $272 million of private activity bonds to build toll lanes in one of the Houston area’s most congested corridors.

State officials say a 45% road funding shortfall will cripple Minnesota’s highway expansion plans by 2018.

Two House Republicans presented a committee with their legislative proposals to reform or abolish the federal income tax system, sparking concerns from some members of the municipal bond community.

Outside-the-box approaches to New York's regional transportation woes still beg the question of funding.