Infrastructure

A majority of states leverage their revolving funds to issue municipal bonds to finance local projects.

A ballot measure in November will ask voters to reverse the tax increase and construction package lawmakers approved in 2017.

Chicago Mayor Rahm Emanuel's administration and The Boring Company will begin contract negotiations on a high-speed tunnel system.

State officials say the new funds will increase the local share of funding for Gateway and improve the project's chances of getting federal funds.

The spending plan heads to Gov. Rick Snyder for his expected signature.

The City Council approved a budget that includes $559 million for infrastructure.

The New Jersey Transportation Infrastructure Bank was approved by state lawmakers in April.

Just a few Lewiston residents testified Monday night against the city getting judicial approval to issue bonds for upgrades to its wastewater treatment plant, but they were vocal.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.

Faced with a long list of expensive and necessary upgrades to the city's wastewater treatment plant, Lewiston, Idaho, officials could soon ask a district judge to approve $28 million in bonding authority.

The state has $500 million of extra revenue to divvy up.

S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

Members of the state Parkways Authority approved a bond resolution Thursday authorizing the sale of more than $300 million in bonds, to be funded by doubling tolls on the West Virginia Turnpike.

The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.

Senate and House Appropriations Committees appropriate more funds for certain transportation and housing programs after the president sought cuts to or elimination of the programs.

The House Transportation and Infrastructure Committee Chairman is reportedly crafting infrastructure legislation that could be introduced as soon as this summer.

The county plans to sell $315 million of bonds this summer for a new jail.

The plan would raise power costs, but analysts say municipal utilities and energy cooperatives can absorb the increases or pass them on to customers.