Infrastructure

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

New York’s five-year capital plan may contain long-term risks from the state's increased reliance on borrowing, according to State Comptroller Thomas DiNapoli.

The number of states levying special annual registration fees on electric vehicles has risen by seven this year to 27 as governments seek new ways to fund transportation.

Three-quarters of New York subway stations are inaccessible to wheelchair users, who must fight for funds to install elevators and other upgrades.

Lawmakers' $9.97 billion spending plan includes $200 million in Garvee bonds for I-95 in Providence but not Gov. Gina Raimondo's call to legalize cannabis.

The state is taking qualifications from firms interested in building three facilities to house male inmates.

The Pennsylvania governor signed a $34 billion fiscal 2020 budget on time and free of drama — unusual for the commonwealth.

The Port Authority of New York and New Jersey is trying to prepare for increased ridership on its rail transit system with more than $1 billion of investment.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

The board approved a request to increase 2019 authorization for new-money bonds and bond anticipation notes to a $5 billion maximum from $3 billion.

The Port Authority of New York and New Jersey is proposing higher user fees to fuel a larger capital budget.

Despite views on Capitol Hill that leaned towards taking financing away from public transit, the House bill would strengthen transit issuers.

Omaha-Douglas County Building Commission will have to rely on additional rental payments from the city and county to pay for bonds.

Submissions are now open for the Bond Buyer’s fourth class of Rising Stars, an honor which showcases the brightest young minds in the municipal bond industry.

While political debate over Connecticut highway tolls remains jammed, Gov. Ned Lamont's administration warned about federal backlash over a maintenance backlog.

A city called the "double black diamond" of car driving is at the epicenter for autonomous-vehicle testing.

Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.

More municipalities are turning to local solutions, including P3s and value capture structures.