Economy

Minnesota highway officials say road conditions will worsen without solution to growing revenue gap.

The market stars aligned for Berkeley, Calif., to land what participants call exceptional pricing for a parking revenue bond deal.

The National Development Council closed its $32 million parking system transaction with Scranton, Pa.

States will experiment with alternatives to the gasoline tax using funding from first round of federal grants.

Caught up in a dispute between county tax appraisers and the bankrupt owner of a nuclear power plant, a tax-supported hospital district in Glen Rose, Texas, has defaulted on its debt payment, according to a disclosure notice.

Japan will contribute $2 million to study a $10 billion magnetic levitation rail line between Baltimore and Washington.

New Hampshire's Dartmouth-Hitchcock Obligated Group received a one notch downgrade from one rating agency while another placed it on watch with negative implications.

Southwest Ohio’s largest healthcare provider capitalized on the low interest rate environment last week to save on the debt of four hospitals it now operates as one obligated group.

Congressional critic of California's $9 billion of state bonds for high-speed rail wants to repurpose the funding.

Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.

After approving a plan to finance $70 billion of projects over the next decade, the Texas Transportation Commission will issue $712 million of bonds in September to take care of current needs.

Almost all the state legislators who voted for a higher state gasoline tax last year won their 2016 primary races, according to an analysis of eight states that enacted laws to increase their state motor fuel taxes in 2015.

Fifty years ago, Rhode Island Health and Educational Building Corp. issued a $1.6 million bond for a now-defunct biblical school. Since then it has handled roughly $7.4 billion in debt.

South Florida can expect Zika-related travel advisories to hurt tourism and related tax revenues, S&P Global Ratings said. The only question is by how much.

Maryland and Federal Transit Administration officials want a federal judge to restore funding for the $5.6 billion Purple Line light rail public-private partnership project that was shut down by court order in early August.

Significant cost overruns on an earlier light-rail program may affect November vote on Seattle’s $54 billion transit proposal.

More infrastructure spending at all levels of government would be best fix for California's congested, deficient roads, TRIP says.

Advocates say Colorado could unclog roads with an additional $1 billion each year for transit, sidewalks, and bike lanes.

The transportation and utilities sectors grew by $7.9 billion in the first half of 2016 from a year earlier.

Two California state lawmakers released a proposal they say would generate $7.4 billion annually for transportation, with $2.5 billion going directly to cities and counties.