Virginia

A spate of derailments is a unique issue for the Washington Metropolitan Area Transit Authority amid the challenges all transit agencies face post-COVID.

AccuWeather says Hurricane Ian may turn out to be one of the costliest storms in the county's history due to its violent storm surge, damaging winds and overpowering flooding rains.

Municipal bond issuers in the Southeast sold $40.7 billion of bonds in the first half of this year, a 6.3% year-over-year increase.

During her almost 14 years as Virginia state treasurer, Manju Ganeriwala oversaw the issuance of more than $33 billion of municipal bonds.

Most top 10 issuers for 1H are from New York and California, with four from New York and two from California.

The state made "unprecedented additions" to its reserves, protecting its triple-A bond rating, said state Sen. Janet Howell, Finance and Appropriations Committee Chair.

NOAA predicts six to 10 hurricanes and expects that between three and six of those will be classified as major storms in categories three to five.

Total April volume was $34.329 billion in 729 deals versus $37.105 billion in 1,124 issues a year earlier.

Even deals that go bankrupt can be seen as successes in the U.S. P3 market, which may face an "inflection point" with the new infrastructure law.

The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project.

Glenn Youngkin outlined his administration's priorities in Virginia; West Virginia Gov. Jim Justice unveiled a slightly larger budget plan for fiscal 2023.

The largest deal of the week comes from the New York City Transitional Finance Authority with $950 million of exempts and $250 million of taxables.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Voters in Virginia also decided the fate of several large bond referendums while Atlanta voters will see a mayoral runoff at the end of the month.

The state will help back the $200 million project through up to $17 million of municipal bonds to be issued by the Virginia Public Building Authority.

Florida gained 84,500 jobs in September, with the state’s unemployment rate falling under 5%.

In his annual revenue speech, Virginia Gov. Ralph Northam highlighted the state’s record reserves, budget surplus and optimistic economic outlook.

Total revenue collections rose 14.5% from fiscal year 2020, ahead of an earlier forecast of 2.7% growth.

Fitch affirmed $14.3 billion of annual appropriation-backed debt at AA-plus in addition to the $1.1 billion of AAA-rated general obligation bonds.

The Bureau of Ocean Energy Management will initiate an environmental review for Virginia's large-scale commercial offshore wind project.