Infrastructure

Ambiguous language in the legislation is one of a handful of reasons why issuers have not taken advantage of the new financing tool.

Public finance veterans Marvin Markus and Mark Liff join Siebert as managing directors to focus on expanding the firm's infrastructure and higher education practices.

Republicans argued the longtime transit and airport CEO lacked the experience necessary to head the FAA.

President Joe Biden's fiscal 2024 budget zeros out spending for the popular RAISE grant program.

Airports are being squeezed by modernization demands and servicing existing debt.

The state seeks "long-term stable funding" to advance the nation's largest infrastructure project, which remains in slow motion after almost 15 years.

The MTA, which expected to begin collecting the tax next year, has revised downward its 2024 projections as federal review is taking longer than expected.

The Hall of Fame initiative celebrates individuals whose careers have left an indelible mark, while the Rising Stars program recognizes the muni finance leaders of tomorrow. The 2023 classes will be revealed the week of August 7.

President Biden's budget would allow large transit agencies to divert formula capital grants to operations in 2024, a move that one transit official said may hurt smaller agencies.

Finding matching dollars, politics, and competition turns up the heat on state officials.

A new report lays out motor fuel, sales, and miles-traveled tax options to fix Michigan roads, saying the state is falling almost $4 billion behind every year.

The legislation, which passed the House last week, comes as the state nears a key 2026 decarbonization deadline.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.

On the policy front, the budget would allow large urban transit agencies to use federal capital grants for operating costs and gives states more private activity bond volume flexibility for housing.

After a brisk 2021 that saw a record number of P3 deals reach financial close, last year slowed to only 16 closings, according to Husch Blackwell's sixth annual P3 trends report.

More than half of the 163 bills introduced in state legislatures across the country propose one-time funding for transportation projects using bonds, excess COVID relief or budget surpluses.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

States will need to figure out how to build within the law, the DOT secretary said.

His experience overseeing major infrastructure projects at public transportation agencies prepares him for the FAA job, Washington told senators.

A majority of state DOTs have now adopted a commitment to equity in infrastructure contracting.