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The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.
July 17 -
A $9.9 billion emergency bonding bill approved by the Democratic-controlled state legislature Thursday will likely face a legal battle.
July 16 -
Gov. Phil Murphy reached a deal with Democratic state legislative leaders to pass nearly $10 billion of borrowing to deal with COVID-19 pandemic revenue shortfalls. The deal faces a legal showdown with Republican leaders.
July 14 -
Junk-rated city's shaky financial conditions before the COVID-19 pandemic is worsened by casino industry woes.
July 10 -
The Garden State defers nearly $2 billion of spending into the new fiscal year, which could force them to make difficult choices in the fall.
July 7 -
The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.
July 2 -
The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.
June 26 -
The program enables public colleges to enter into P3s but experts said the program is likely on hold because of COVID-19 uncertainties.
June 22 -
Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.
June 12 -
The bond-funded New Jersey megamall has never fully opened and there's no timetable for reopening following the coronavirus-induced shutdown.
June 11