Economy

A Colorado lawmaker’s proposal for a $3.5 billion state road bond referendum fails in the final hours of 2016 session.

The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.

Ambac Assurance Corp. sued the Puerto Rico Highways and Transportation Authority to prevent what the insurer called improper siphoning of money.

Voters in the consolidated governments of Indianapolis and Marion County, Indiana will decide the fate of an income tax increase to fund major upgrades to public transportation.

Private Activity Bonds for a managed lanes project along one of the Houston area’s most congested corridors carry the lowest investment-grade rating from Fitch Ratings.

Catholic Health Initiatives, the nation’s second-largest nonprofit healthcare system, was downgraded by Moody’s Investors Service, affecting $7.3 billion of rated debt.

The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.

The Central Texas Regional Mobility Authority sees an opportunity for healthy savings through refunding bonds issued just five years ago.

The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.

A constitutional amendment protecting transportation revenue is headed to Illinois voters, but questions on redistricting and a graduated income tax rate fell by the wayside.

Colorado Senate has approved a $3.5 billion road note package that could go to voters in November.

The Rhode Island Infrastructure Bank closes $6 million in loans for repair projects through the municipal road and bridge revolving fund.

One of the largest municipal market deals of 2016 will help the $4 billion overhaul of New York City’s LaGuardia Airport take wing.

Texas hospitals will continue to be reimbursed under the federal Medicaid program after the state received an extension of a waiver for 15 months, a positive credit factor for the state's nonprofit hospitals, according to ratings analysts.

Two hospital districts in the Permian Basin oil producing region of West Texas took downgrades from Moody’s Investors Service, one to speculative grade.

Developers of a proposed $12 billion Houston-Dallas bullet train want federal regulators to affirm their oversight of project.

Missouri-based St. Luke’s Health System heads into the market with a $250 million refunding Thursday that will enhance the conservative structure of its debt portfolio.

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

A year after North Carolina inked its first public-private partnership with I-77 Mobility Partners, lawmakers have filed bills to terminate the $648 million pact amid investigations into the deal.

The Southern California Logistics Airport Authority’s subordinate tax allocation revenue bonds enjoyed a Moody’s Investors Service upgrade to B3 from Caa2.