Economy

Ohio next week will launch its first public-private partnership with the sale of $230 million of tax-exempt private activity bonds for a highway through the Appalachians.

With no solution in sight for fully funding New York MTA's capital program, the Citizens Budget commission watchdog group presents a funding alternative.

States have postponed scores of road projects over concerns that federal funding will be delayed during the summer construction season.

Betsy Taylor, the longtime finance director Massachusetts Port Authority and its point person on bond deals, is retiring after 37 years with the agency.

Raising money primarily from motor vehicle user fees could close the capital plan funding gap of New York’s MTA, according to the Citizens Budget Commission watchdog group.

Utah Gov. Gary Herbert called for negotiations on a plan to expand Medicaid that would be approved in a special session of the state Legislature.

Mayors will unleash a coast-to-coast political push for a significant increase in federal transportation funding.

Michigan Gov. Rick Snyder is touring the state urging voters to approve a May referendum to raise the state sales tax to generate new money for roads, saying it’s key to the state’s continued rebound.

The board of New York's MTA will vote on the sale of nearly $56 million in unused development rights in Queens after its finance committee approved it.

Chicago area transit systems face service cuts or higher fares if state funding is slashed as proposed by Gov. Bruce Rauner in his fiscal 2016 budget now before the General Assembly.

Minnesota Republicans on Monday proposed a $7 billion, 10-year plan to fund transportation work without a tax hike.

New York's Metropolitan Transportation Authority intends to award a four-year, $236.5 million contract to rebuild the Queens Midtown Tunnel, which Hurricane Sandy heavily damaged.

The use of 40-year bonds to retire $300 million of bond anticipation notes received favorable reaction in the capital markets, said the finance director of New York's MTA.

A subsea traffic tunnel below Chesapeake Bay has been pushed ahead to take advantage of low interest rates.

Newark, N.J. Mayor Ras Baraka is calling for the power to establish new taxes for users of the city's airport and seaport as way to raise additional revenue.

A House bill would stop federal funding for public transit and bike paths to protect solvency of the Highway Trust Fund.

The long hours and commutes New Yorkers endure underscore the need for adequate transit funding, said New York City Comptroller Scott Stringer.

Another short-term fix of the Highway Trust Fund is likely as Congress struggles with how to pay for a multiyear transportation measure.

Integris Health Group received more than $1 billion of orders for $200 million of refunding bonds issued through the Oklahoma Development Finance Authority, producing savings of 5.8%.

Ohio Transportation officials have launched a $2.4 billion capital plan for 2015 that’s the second-largest in state history and features the state’s first public-private partnership.