Infrastructure

Auditor general Jack Wagner called for increased investment in Pennsylvania’s crumbling roads and bridges, echoing suggestions made by Gov. Tom Corbett’s advisory commission over the summer.

New York’s Metropolitan Transportation Authority’s $30.1 billion of outstanding debt contains about $5.2 billion of variable-rate debt, of which $3 billion is in synthetic fixed-rate mode achieved through interest-rate swaps, according to a derivatives portfolio report.

DALLAS - With financing already in place, the Texas Transportation Commission on Thursday agreed to begin seeking design-build credentials for an $815 million network of interstate highway interchanges and bridges in Dallas.

A new poll shows that a statewide ballot initiative to limit highway tolls in Washington has lost traction with voters, according to the Seattle Times.

New York City Mayor Michael Bloomberg is said to be chugging ahead with an outside-the-box - and outside-the-state - proposal to further extend the No. 7 subway line to New Jersey, according to a New York Post report that said he will spend the next few months planning for it.

DALLAS - Two members of the North Texas Tollway Authority board are expected to submit resignations unrelated to a current Federal Bureau of Investigation probe of the board's business practices, according to reports.

CHICAGO - Reversing a recent decision, the Obama administration Monday said Ohio could use a small federal grant to finance Republican Gov. John Kasich's effort to privatize the Ohio Turnpike.

BRADENTON, Fla. - The North Carolina Turnpike Authority expects to move forward as soon as possible with the remainder of the financing for its second toll road following Tuesday's final judgment in a federal case that stalled the project for nearly a year.

Fitch Ratings last week affirmed its AA rating on $590 million of revenue bonds issued by the Ohio Turnpike Commission and revised its outlook to stable from negative.

Fitch Ratings last week downgraded the town of Port Huron in eastern Michigan to A-plus from AA-minus, affecting $24 million of general obligation bonds.