Economy

A P3 involving Harrisburg’s parking assets would provide back-end revenue and avoid a Chicago-type fiasco in Pennsylvania’s capital, a receivership official said.

Kentucky and Indiana officials set the base toll rates that drivers will pay on the $2.6 billion Ohio River Bridges Project at a special meeting Sept. 11.

The Kentucky Turnpike Authority expects to price $186.85 million of new road revenue bonds this week.

A regional commission to operate Charlotte-Douglas International Airport is being appointed while the FAA is determining if the panel can hold the airport’s operating license.

The multi-billion dollar Columbia River Crossing project may be financially viable as long as certain conditions are met, according to a top official in the Oregon State Treasury.

A political landscape marked by anti-privatization sentiments may have left Chicago Mayor Rahm Emanuel little choice but to drop the city's bid to lease Midway International.

Courts are forcing SUNY Downstate Medical Center’s Long Island College Hospital to resume services despite its loss of money.

The Florida Department of Transportation is seeking proposals from investors and developers to finance, design, and build the state's first privately operated tolled expressway.

Hawaii’s Department of Budget and Finance will act as the conduit issuer for Hawaii Pacific Health on $160 million in special purpose revenue bonds expected to price Tuesday.

Alameda County is planning to sell $287 million of lease revenue bonds this week to finance the expansion of health care buildings at Highland Hospital in Oakland, Calif.

D/FW International Airport may have to issue more bonds for a terminal upgrade effort as costs skyrocket.

Gov. Earl Ray Tomblin's blue ribbon commission on highways in West Virginia is considering a $1 billion transportation bond program.

Chicago cancelled its effort to privatize Midway International Airport after bidders dropped out and it became clear the city might not fetch the money it sought for the public-private partnership.

The Miami-Dade County Commission wants the Justice department to dismiss its antitrust suit to block the merger of US Airways and American Airlines.

Houston's third airport would become the nation’s ninth commercial spaceport under a proposal from the city's airport authority.

A panel Thursday postponed setting tolls for the Kentucky, Indiana Ohio River Bridges Project, and the delay could affect Kentucky’s bond sale later this year.

U.S. transportation secretary Anthony Foxx on Thursday announced that 52 transportation projects in 37 states will receive a total of about $474 million from the Department of Transportation’s Transportation Investment Generating Economic Recovery grant program.

Rep. Steve Stivers, R-Ohio, has introduced a bill that would expand leasing for offshore oil and gas drilling and allow the Treasury Department to use the revenue to issue bonds, the proceeds of which would eventually go into the highway trust fund and state revolving loan funds.

California Gov. Jerry Brown proposed legislation to ensure keep federal grants flowing to transit districts while he pursues litigation to defend California’s pension reforms.

Connecticut Gov. Dannel Malloy signed legislation creating a $200 million bioscience innovation fund, which will invest through grants, equity investments, loans and loan guarantees.