Infrastructure

The House Appropriations Committee kicks things off with markups of three infrastructure-related funding bills this week, including transportation.

Moody's has downwardly revised the outlook for Baltimore's issuer rating and several classes of bonds due to a trend of declining fund balance levels in a city dependent on a major international shipping port.

The dueling lawsuits underscores the need for alternative dispute resolution in public-private partnership contracts, said a P3 attorney.

The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.

Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.

Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.

GFOA Today 2025, day 1

A change in leadership at the Government Finance Officers Association comes on the heels of an all-time record membership level.

A federal judge has issued a temporary injunction against the U.S. Department of Transportation's attempt to withhold federal funds from states judged to be in noncompliance with the Trump administration's immigration policies.

After a special legislative session, Missouri Gov. Mike Kehoe signed legislation authorizing state-backed bonds for stadiums to keep teams in Missouri.

Under the agreement, the NBA's Thunder will play for at least 25 years in an arena that will be largely financed by a sales tax revenue bond sale later this year.

The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.

The bill would exempt lead service line replacement projects from the IRS' private business use test.

Bexar County officials passed a resolution related to a potential Nov. 4 ballot measure on venue taxes for a new San Antonio Spurs basketball arena.

Cities and states have until Aug. 1 to apply for the funds.

The bullet train's delays and cost overruns amount to a material project change and event of default under the federal-state agreement, the FRA said.

The American Association of Port Authorities is pushing back at the Trump administration's One Big Beautiful Bill Act over plans to curtail two key grant programs vital to the maritime sector.

The SEC charged two entities with violating federal securities laws by advising clients on municipal bonds without properly registering as municipal advisors.

As bond issuers and the infrastructure industry ponder a post-BIL future, some look to Europe for how P3s and privatization could help spur investment and raise grades on the infrastructure report card.

The revenue bonds, which would help finance a bigger convention center to replace the city's current facility, would be issued in the first half of 2026.