Infrastructure

Write-downs on two major U.S. public-private partnerships led to the company decision, Skanska’s president said.

New York’s mass transit crisis has prompted some transportation advocates to say the city would be better off taking back subway and bus operations from the state-run MTA.

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.

The $850 million sale of special tax obligation bonds drew a record $478 million of retail orders, said state Treasurer Denise Nappier.

Five states also elect governors and voters in two states decide whether to restrict future tax increases.

The newly-minted water infrastructure law is good news for state and local governments looking for more avenues to finance water projects.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Although there is no direct role for tax-exempt bonds in Opportunity Zones, municipalities are looking at them as a way to attract capital investment to economically distressed areas.

Next month Maine voters will be asked to borrow $106 million for the state's transportation infrastructure, adding to hundreds of millions of dollars in debt the state has taken on in recent years to prop up its underfunded highway budget.

With Democratic majority, Rep. Richard Neal of Massachusetts, a supporter of tax-exempt bond financing, would chair the Ways and Means committee.

Democrat Gretchen Whitmer and Republican Bill Schuette are running for the open seat of Michigan governor.

New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.

Climate resiliency is an increasingly material issue for investors in utilities that manage water infrastructure.

Stan Brezenoff expects to tap public-private partnerships and design-build as he sets out to rectify the troubled New York City Housing Authority,

New Jersey Transit needs a sustainable revenue stream and better strategic management, the audit said.

The Tennesee capital will issue $775 million of general obligation improvement bonds.

Common Good estimates the delays are adding $1.7 billion annually in lost opportunity costs and additional construction costs to the larger Gateway Development project, which includes a new Portal North Bridge in New Jersey.

John F. Kennedy International Airport gets its day in the redevelopment sun with the announcement of a $13 billion plan.

The undertaking, for which the city has already allocated $760 million, seeks to establish flood protection 2.4 miles from Montgomery Street north to East 25th Street.