Infrastructure

Airport management's flexibility and experience are key factors in rating a facility's general revenue bonds, Kroll says.

Treasury Secretary Jack Lew said he hopes Congress and the Obama administration can work in a bipartisan way to authorize qualified public infrastructure bonds or another type of bond program.

An Oregon Democratic congressman wants to raise the federal gas tax to generate $210 billion of new revenue for roads, bridges, and transit.

Gina Marie Lindsey, executive director of the Los Angeles World Airports which runs Los Angeles International Airport and two others, plans to retire in the spring.

Transit projects in 13 states in line for $3.2 billion of federal grants in President Obama's proposed budget for fiscal 2016.

The Internal Revenue Service is seeking applications from issuers for unused volume cap of new clean renewable energy bonds.

Wisconsin Gov. Scott Walker unveiled a $68.2 billion two-year budget proposal that favors borrowing over a higher gas tax to fund transportation projects, includes debt service for a new Milwaukee Bucks arena, and cuts University of Wisconsin aid.

Senate public works panel will continue development of multiyear transportation bill without proposed tax on corporate overseas profits.

President Obama's fiscal 2016 budget includes several bond proposals that were also in the budget he released last year.

Austin's airport hotel is seeking new terms from creditors on $40 million of bonds that were restructured a decade ago. The bonds are again in default after revenues fell short of debt service requirements.