Economy

Georgia Gov. Nathan Deal’s 5% budget increase for fiscal 2017 allots more funds for transportation and $850 million in bonds for capital projects.

Indiana lawmakers are considering three competing proposals to provide additional funding for state transportation projects.

Gov. Andrew Cuomo’s call for New York City to pay much more toward the City University of New York system and Medicaid is a financial gut punch.

Kansas Gov. Sam Brownback plans to cut $25 million in highway spending and enact other cuts as revenue continues to fall.

Andrew Cuomo proposed a $145.3 billion budget for the 2017 fiscal year and reiterated his call for transformative infrastructure initiatives in his State of the State speech.

Capital needs are rising in the public transportation sector as aging infrastructure must be repaired or replaced, S&P says.

A report critical of Gov. Gina Raimondo's plan to toll trucks on Rhode Island's interstate highways stems from a trucking industry agenda, says a Raimondo spokeswoman.

Gov. Gina Raimondo’s plan to impose highway tolls on trucks in Rhode Island is based on faulty revenue projections, said a trucking industry-commissioned study.

As BioNitrogen navigates Chapter 11 bankruptcy, Hendry County, Fla., has refused to extend the company’s $300 million private-activity bond allocation.

Missouri will go ahead with planned road work with unexpected jump in gas tax revenues and a five-year extension of federal highway funding.

Charles W. Hoppe, president of Long Island Rail Road from 1990 to 1994, died at age 80, officials from New York’s Metropolitan Transportation Authority announced.

Weaker results in the current fiscal year prompted one rating agency to shift its outlook on Michigan-based Trinity Health Credit Group's high-grade rating to negative ahead of its sale of $568 million of new-money and refunding bonds.

Omnibus federal budget law revives more than $2 billion of unexpended state road earmarks for new use.

The New Jersey Turnpike Authority is slated to sell $149 million of revenue bonds later this week to refund old debt.

Standard & Poor’s bumped Memorial Group Inc. out of junk territory thanks to support provided by the stronger rated BJC Healthcare system.

The California Health Facilities Financing Authority will issue $500 million of revenue bonds next week for the Sutter Health hospital system in Northern California.

Illinois’ not-for-profit hospitals are facing new uncertainty over their local tax exemptions and charity care obligations after an appellate court voided a 2012 law governing their community benefit requirements.

Gov. Andrew Cuomo announced a tech modernization program for the MTA, including expanded Wi-Fi hotspots, accelerating mobile payments and ticketing to replace the MetroCard.

Plans for a $1 billion electric car factory in North Las Vegas are a credit positive for Clark County and Nevada, according to Moody's Investors Service.

Nebraska would accelerate work on an unfinished expressway with funding from a proposed transportation infrastructure bank.