Virginia

Revenue panel recommends higher taxes in Virginia to fund transit maintenance and expansion.

VIRGINIA BEACH -- Two hundred girls basketball teams from around the country played on 10 indoor courts inside the Convention Center last weekend. If city leaders have their way, those teams could instead compete in a nearby field house within two years.

Virginia’s budget imbalance stemming from soft revenue growth and spending down its savings led S&P Global Ratings to revise the outlook to negative on the state’s AAA general obligation rating.

S&P Global Ratings said it has revised its outlook on Virginia's general obligation, appropriation-backed, and moral obligation debt to negative from stable.

A $4 billion project to add lanes to a subsea highway tunnel in Virginia may be financed as a P3.

Bond insurer ACA Financial Guaranty Corp. has gone to federal court seeking the keys to Buena Vista, Virginia’s city hall and compensatory damages after the city defaulted on ACA-wrapped debt that financed a golf course.

Issuers across the Southeast brought $71.7 billion of municipal bonds to market in 2016, a 3.3% year-over-year increase that was generated largely by refundings.

Arlington Memorial Bridge was closed to vehicles during inaugural weekend to prevent further damage to the historic span.

Incoming Trump administration officials ask Virginia for a list of infrastructure projects with their own revenue source.

Petersburg, Va., was removed from CreditWatch by S&P Global Ratings, which maintained its BB junk ratings and negative outlook despite the cash-strapped city's hiring of a turnaround firm.