Virginia

Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.

Billions of public funds have been spent cleaning up the bay, but two lawsuits say those efforts are endangered because the EPA failed to do its job.

Municipal bond issuers in the Southeast sold $27.7 billion of debt, down 7% year-over-year as the region saw fewer big transportation and prepay gas deals.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

Gov. Ralph Northam and the Virginia Legislature's new Democratic majority want higher gas taxes and new bond financing plans to support road and rail projects.

Jail bonds are being targeted for audits by the IRS this year with respect to whether federal government use of locally built facilities or management contracts with localities causes excessive private business use.

Forecasters predict the Washington D.C. area population will grow by more than a million people by 2045.

The $1 billion bi-state agreement includes building a wider bridge over the Potomac and adding tolled express lanes.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.