Washington

Tax and bond measures found success in California and Washington on Election Day.

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 record number of local transit elections next week reflects declining federal funding, experts say.

Researchers say mileage-based road fee is best solution to transportation funding but motorists disagree.

Transportation Department has $850 million of competitive grants available for infrastructure projects that improve freight shipments.

A New York audit firm and one of its senior partners have agreed to pay a combined $555,000 and take a number of corrective actions to settle Securities and Exchange Commission charges that they issued fraudulent audit reports in connection with municipal bond offerings from the town of Ramapo, N.Y.

The Municipal Securities Rulemaking Board plans to amend its proposal that would require dealers to disclose their markups and markdowns in principal trades with retail customers.

Underwriters should walk away from municipal securities transactions when they discover the issuer has failed to disclose key information, dealer officials said here, citing their own experiences as examples.

Washington voters will chose between Michael Waite, a private-sector investment manager, and Benton County Treasurer Duane Davidson, in a Republican v. Republican race for state treasurer.