Infrastructure

The Miami-Dade County commission gave final approval for an overall $4.24 billion bond program to finance the cost of water and sewer improvements.

With the nation's state and local governments already financing some 75% of America's public infrastructure and the federal surface transportation program on the brink of insolvency, the Finance Committee paper is a recipe for undermining the single most critical source of financing the nation's public infrastructure.

While serving a prosperous city and picturesque tourist destination, Burlington, Vt.'s airport is one of the few passenger airports to which Moody's Investors Service has given a speculative grade.

Standard & Poor's raised its rating on Des Moines Airport Authority by one level to A due to improved debt service coverage ratios.

Puerto Rico has disclosed that the U.S. Treasury is no longer skimming money from federal grant payments backing the commonwealth's Garvee bonds, a day after Moody's Investors Service placed the debt on notice for possible downgrade.

Two key state senators want Texas Gov. Rick Perry to open the special legislative session to another effort to boost highway funding.

U.S. toll roads are maintaining high investment-grade ratings, despite the slow economic recovery, Fitch Ratings said Thursday, releasing its first annual review of the toll roads it rates.

Gov. Jerry Brown's administration has ordered an independent review of the California Department of Transportation amid controversy over the new span of the San Francisco-Oakland Bay Bridge.

Moody's Investors Service has placed its A2 rating on the Puerto Rico Highways and Transportation Authority grant anticipation revenue bonds on review for a possible downgrade.

A federal court in Rhode Island denied a request from three communities for a temporary restraining order against tolls on the Sakonnet River Bridge.