Economy

Unused sick time among Greater Boston transit employees amounts to a perk of up to $49 million, according to a Pioneer Institute report.

Three months after its board approved a five-year, $29 billion capital program request, officials from New York's MTA are still fielding questions about the uncertainty of funding.

Missouri’s transportation chief warned lawmakers that state lacks funds to rebuild aging roads and bridges.

California Controller Betty Yee urged public employee unions to negotiate prefunding of retiree healthcare benefits as her office's latest report identified California's OPEB liability at $74.1 billion.

The Highway Trust Fund will remain solvent through 2020 with a $70 billion general fund transfer but the revenue shortfall won’t go away, CBO said.

The only intermodal freight facility to ever take advantage of a special 11-year-old federal private activity bond program is back for a third round of financing.

Better transparency, among other benefits, drives New York Metropolitan Transportation Authority’s aggressive bond anticipation note strategy, said one official.

New York City and the MTA deserve high marks for coping with the weekend blizzard and coordinating, said resilience financing expert Alan Rubin.

California cuts road and transit project funding by $754 million over five years as fuel sales tax revenues fall in step with pump prices.

Montgomery County, Texas, officials estimate that investors' flight to quality during a severe downturn in the equities and commodities markets helped reduce interest costs on a $112 million bond deal by nearly $27 million.

All Aboard Florida said it will sell $1.75 billion of tax-exempt private activity bonds for its $3.5 billion passenger train project as market conditions improve.

Virginia planners determine that express toll lanes on Interstate 66 is best way to cut travel times.

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.

South Carolina Gov. Nikki Haley asked lawmakers to raise the state's gasoline tax and cut the income tax rate.

Pennsylvania Gov. Tom Wolf announced a facelift for the Harrisburg Transportation Center and its surrounding areas, using up to $60 million in state and federal funds.

Local government lobbyists think California may have a window to pass transportation funding legislation this spring.

Arkansas Gov. Asa Hutchinson wants to raise state transportation funding by $750 million over 10 years without raising taxes.

An agreement transferring control of three Maui County hospitals to Kaiser Permanente is said to save the Hawaii government $260 million over 10 years.

States can begin expending their share of the $39.7 billion of federal transportation funding provided in fiscal 2016 by the new FAST Act.

Tennessee Gov. Bill Haslam will not propose an increase in the state’s gasoline and diesel taxes during the 2016 legislative session.