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Federal assistance in the next relief package is crucial for the largest statewide public transportation system’s financial health in 2021, the senator said.
August 11 -
The Florida Department of Transportation continues litigation in an attempt to terminate the Miami-Dade County Expressway Authority.
August 5 -
The bill would allow the U.S. Department of Transportation’s Maritime Administration to provide emergency relief grants to ports for the first time in response to the pandemic.
August 3 -
Bi-state transportation agency seeks $3 billion of federal assistance to avoid capital plan cuts.
July 30 -
Whether or not infrastructure investment is included in the next stimulus bill, more is still needed, experts say.
July 30 -
It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.
July 28 -
Minnesota's governor blames efforts to strip emergency powers he used in the fight against COVID-19 for the holdup in passing a $1.8 billion bond authorization.
July 28 -
The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.
July 24 -
Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.
July 20 -
Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.
July 20 -
The Longmont City Council is expected to formally decide in August whether to seek voters' November election approval of a ballot question that would authorize the city to sell up to $80 million in water revenue bonds.
July 16 -
Voters approve two borrowing measures totaling $120 million.
July 15 -
They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.
July 15 -
Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.
July 14 -
Fourteen states and 19 local authorities have delayed or canceled road, transit and airport projects worth $8.58 billion due to the coronavirus.
July 10 -
Organizers say the goal is for for technologies to make public transit safer, cleaner and more adaptive.
July 8 -
The new direct-pay bonds would be an improvement from the Build America Bonds because they would be exempt from the sequestration cuts.
July 8 -
Federal funding will cover the replacement of the Bourne and Sagamore bridges, with ownership to transfer to the Massachusetts DOT upon completion.
July 8 -
The New York/New Jersey agency's issuance of $1.1 billion in taxable notes underscores multi-year revenue challenges it confronts due to the COVID-19 pandemic.
July 2 -
Transportation officials have spent nearly six years on a Massachusetts Turnpike redesign and an infrastructure merge called the "throat." Time is running short.
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