Infrastructure

The only intermodal freight facility to ever take advantage of a special 11-year-old federal private activity bond program is back for a third round of financing.

Better transparency, among other benefits, drives New York Metropolitan Transportation Authority’s aggressive bond anticipation note strategy, said one official.

New York City and the MTA deserve high marks for coping with the weekend blizzard and coordinating, said resilience financing expert Alan Rubin.

California cuts road and transit project funding by $754 million over five years as fuel sales tax revenues fall in step with pump prices.

Montgomery County, Texas, officials estimate that investors' flight to quality during a severe downturn in the equities and commodities markets helped reduce interest costs on a $112 million bond deal by nearly $27 million.

All Aboard Florida said it will sell $1.75 billion of tax-exempt private activity bonds for its $3.5 billion passenger train project as market conditions improve.

Virginia planners determine that express toll lanes on Interstate 66 is best way to cut travel times.

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.

South Carolina Gov. Nikki Haley asked lawmakers to raise the state's gasoline tax and cut the income tax rate.

Pennsylvania Gov. Tom Wolf announced a facelift for the Harrisburg Transportation Center and its surrounding areas, using up to $60 million in state and federal funds.