Infrastructure

Ongoing litigation and a state investigative audit could impact bonds for a $5 billion expansion even if the debt is validated by the Oklahoma Supreme Court.

It's the firm's third office in Alabama and part of an investment capitalizing on growth of some high-tech industries in the state, the firm's chair Christopher Maddux said.

The federal funds may not go as far amid inflation, but they still cushion the construction industry struggling with economic challenges.

Moody's Investors Service ran a series of stress tests on $38 billion in state highway revenue bonds it rates to gauge the risk to fuel-tax backed bonds.

Eleven states from California to South Dakota will receive funding for 83 projects to improve water delivery systems, the Biden administration announced.

Part of the problem may be the lack of a muni finance tax expert in Treasury, a position that has been vacant since 2019.

The state's reliance on tourism makes airports essential to its economy, Fitch said.

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The administration is touting the Justice40 Initiative and other programs to spur equity efforts.

Cities want to put federal dollars to work on their infrastructure, a process that can be daunting.