Infrastructure

New Orleans Aviation Board unanimously adopted an $826 million airport modernization effort financed in part with $267.5 million of revenue bonds.

Some Pennsylvania Republican lawmakers propose using money from the expected privatization of the state's liquor stores to rebuild roads and bridges.

The New York Thruway Authority will release a finance plan for the new Tappan Zee this month or next.

Fitch Ratings dropped Manchester, N.H.'s airport revenue bonds to BBB-plus from A-minus.

Construction could start as early as 2015 on a long-planned, largely bond-financed $3.5 billion trade bridge between Detroit and Windsor, the busiest trade route in the U.S.

Moody's Investors Service has downgraded the underlying ratings on Pennsylvania Turnpike Commission senior lien revenue bonds to A1 from Aa3.

Texas voters would be asked to approve the use of $6 billion from the state rainy day fund for water and road projects under a measure under consideration in the state Senate.

The beleaguered Orange County Transportation Authority garnered another round of criticism recently — this time from a San Francisco nonprofit recommending that the tollway agency postpone an extension to its toll road until state authorities can review the operation.

President Obama's fiscal year 2014 budget again proposed a 28% cap on tax expenditures including municipal bond interest for the top 2% of income earners, despite efforts by muni market participants lobbying against the proposal.

The Massachusetts House of Representatives has passed a $500 million transportation bill that would, among other things, shore up a struggling Massachusetts Bay Transportation Authority.