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The Port Authority of New York and New Jersey, the New York Metropolitan Transportation Authority, and Connecticut capped a busy week in the muni market.
August 16
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S&P last week downgraded the transportation authority, citing weak debt-service coverage.
August 14
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S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.
August 9
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The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.
August 9
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New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.
July 26
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The New York State Financial Control Board went into "sunset mode" for a 32nd straight year.
July 26
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The debt of New York’s MTA prompted board member David Jones to question whether the authority should have a debt cap.
July 24
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The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.
July 11
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After years of underfunding and inattention, New York MTA is undertaking accessibility Initiatives that include the hiring of a dedicated executive, Alex Elegudin.
July 6
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The planned closure of the L subway line for 15 months shines a glare on New York City and transit agency officials.
June 28
