Infrastructure

The Regional Transportation Authority of Illinois kicks off the New Year with a rare new money borrowing as it looks to avoid state-related credit fallout.

Agreement on $29 billion in capital funding for the MTA was the best moment of the year for New York City transit riders, said the Straphangers Campaign group.

November toll traffic on the Atlantic City Expressway was down 1% from the year-earlier period, according to the South Jersey Transportation Authority.

Just how far Connecticut Gov. Dannel Malloy can advance his transportation agenda is uncertain, given the state's budget strains, high debt, and pension liability woes.

The gasoline tax and other dedicated taxes and fees provide about 70% of the funding in the new five-year, $305 billion FAST Act, but that level of support will drop to about 50% when the measure expires in October 2020, said Peter Nonis, senior manager for federal relations at the American Society of Civil Engineers.

The search for a robust revenue source to supplement or even replace the federal gasoline tax will pick up speed in 2016.

The new five-year federal transportation funding law has opportunities as well as some limits for P3 project financing.

Colorado business leaders are gathering support for a $3.5 billion highway bond program as the Colorado General Assembly prepares for its 2016 session.

Oregon Gov. Kate Brown will seek public input in a series of meetings beginning next month on the preliminary findings of a policy group exploring the state's transportation needs.

States will face funding challenges in 2016 as lawmakers look for ways to raise revenues for local highway projects during an election year.