Virginia

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.

Private investors sign contract to finance, build, and operate tolled express lanes on a Virginia highway.

A $338.5 million federal loan is part of the funding package for a subsea road tunnel project in Virginia.

In Tuesday’s election, North Carolina and West Virginia got new governors while the region also saw the passage of bond-related measures, including big-ticket transportation initiatives.

Voters in Virginia Beach, Va., are split almost evenly on a light rail proposal to appear on Tuesday's ballot that could generate up to $8.3 billion in real-estate development in the seacoast town.

Virginia will receive $1.65 billion from private partner that will finance and operate toll express lanes on I-66.

The next presidential administration needs to play a larger role in collaborating with local governments for infrastructure programs, a panel of state and local officials said this week.

A $3.3 billion project to expand a subsea tunnel system at Hampton Roads, Va., will be financed with a combination of bonds, toll revenue, and gas tax revenue under a plan approved a regional planning agency.

Virginia road planners will evaluate local requests for $9 billion of state funding.

Two groups submit acceptable financial plans for Virginia’s $2 billion P3 plan to expand I-66.

The Virginia Port Authority's credit ratings have been downgraded by S&P Global Ratings ahead of a planned bond sale that will restructure the authority's debt.

Virginia has the environmental clearance to go ahead with a highway project originally earmarked for P3 funding.

Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open.

S&P Global Ratings said it has lowered its general obligation rating on the city of Petersburg, Va. three notches to BB from BBB.

Virginia may take money from budgeted salaries and $378 million from reserves, said Gov. Terry McAuliffe, to tackle a portion of the $1.48 billion budget shortfall projected in fiscal years 2016 to 2018.

Southeast issuers sold $37.63 billion of municipal bonds in the first half of 2016, a decline of 10.9% from the same period last year, even as new money deals increased.

Disappointing public pension investment fund returns released recently by Maryland and Virginia may be representative of a more nationwide trend, pension experts warned.

Petersburg, Va., and Opa-locka, Fla., turned to their respective states for help resolving serious financial problems and both are getting professional help, although no state funding.

Virginia transportation officials plan to select a private partner by fall for the $2 billion I-66 toll lane project.