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New York’s MTA may have to raise fares by as much as 15% if its proposed capital plan falls short, according to chief financial officer Robert Foran.

Gerrard P. Bushell from Bank of New York Mellon has been tapped to replace Paul Williams as president of the Dormitory Authority of the State of New York.

Missouri Gov. Jay Nixon is reviewing the $26 billion fiscal 2016 budget sent to him by lawmakers two weeks ahead of the state constitution’s mandated deadline.

With a lawsuit between its two ski resorts settled, Park City, Utah, has earned a Standard & Poor’s upgrade on its sales-tax revenue bonds to AA-minus from A-plus.

Prices of top-rated municipal bonds finished steady on Monday, traders said, as the market prepares to take on a smaller slate of new issues, topped off by this week’s $550 million sale from Massachusetts.

Two Houston attorneys were named special prosecutors to look into criminal charges against Texas Attorney General Ken Paxton, who has admitted to violating state securities law prior to his election last November.

The Municipal Securities Rulemaking Board plans to publish interpretive guidance on its best execution rule no later than July, MSRB chair Kym Arnone said Monday.

Rep. Dan Lipinski, D-Ill., has introduced a bill that would create more flexible standards under which research arrangements at tax-exempt bond-financed research facilities would not give rise to private-business use.

The Route 460 Funding Corp. of Virginia plans to use extraordinary redemption provisions to call $293.3 million of revenue bonds now that the state has terminated the project.

Denver International Airport chief Kim Day rebuffs accusations of faulty accounting on the $544 million South Terminal Project that includes a hotel and commuter rail station.

The Treasury Department Monday auctioned $26 billion of two-year notes with a 1/2% coupon at a 0.540% yield, a price of 99.920537.

Public-private partnerships may become an important tool for transportation financing, but must overcome political and social hurdles in the U.S.

Moody's Investors Service changed the outlook to positive just ahead of a $225.8 million deal by the Florida Department of Transportation to pay for turnpike improvements.

Philadelphia City Councilman Mark Squilla has introduced six bills aimed at advancing $325 million in redevelopment of a shopping mall.