Economy

Texas lawmakers filed bills Monday for their 2013 session to boost state revenues as the state struggles to cope with a looming Medicaid shortfall and restore school funding.

Indiana’s chief budget official Adam Horst announced last week he is leaving the post to join Indiana University Health after less than a year on the job.

Oak Brook, Ill.-based Advocate Health Care Network will sell $150 million of new-money this week to finance projects including a new patient tower at one of its 10 Illinois hospitals.

The Texas Transportation Commission will refund $840.9 million of Central Texas Turnpike System debt; the system was recently lifted into the A category by Standard & Poor’s.

A judge on Friday granted Highmark's motion for a preliminary injunction against West Penn Allegheny Health System, blocking the speculative-rated health system from seeking other suitors for an affiliation.

California's non-partisan Legislative Analyst said the state's use of public-private partnerships has fallen short by using unclear processes and picking unsuitable projects.

Hurricane Sandy gave New York's Metropolitan Transit Authority a harsh wake-up call about the need to fix infrastructure in the face of climate change.

Rep. Bill Shuster, R- Pa., announced on Thursday his candidacy to serve as chairman of the House Committee on Transportation and Infrastructure.

The re-election of President Obama is a credit neutral event for non-profit hospitals, but looming changes in the federal landscape tied to the new health care law and budget deficit, present challenges, Moody's Investors Service said in a report Wednesday.

Seattle voters overwhelmingly authorized $290 million of 30-year bonds to help rebuild part of the city’s seawall and downtown piers.

Kirk Caldwell, a supporter of Honolulu’s planned rail transit system, beat rail opponent Ben Cayetano to win the mayor’s office in a race that was effectively a referendum on the rapid transit line.

Los Angeles County voters narrowly defeated Measure J, the proposed 30-year extension of a half-cent transportation sales tax.

A non-profit alliance of businesses has formed to help Ontario, Calif. officials in their efforts to wrest control of LA/Ontario International Airport from Los Angeles.

Alaska voters appeared likely to approve a $453 million transportation bond, based on early returns.

John Horsley and Jack Basso will take about 90 years of experience with them when they retire from the American Association of State Highway and Transportation Officials in February, and the two are disappointed to be stepping away from a very uncertain future.

The MTA's Triborough Bridge and Tunnel Authority should be able to absorb revenue losses from Hurricane Sandy closures, said Moody's, though liquidity could be further squeezed.

The Orlando-Orange County Expressway Authority in central Florida hopes to take advantage of low market rates for savings and reduce its variable-rate exposure in a $463 million refunding Nov. 15.

New York's MTA, restoring its subway and commuter rail systems after Hurricane Sandy's damage, will continue its flurry of bond activity this week.

Illinois-based Centegra Health System will offer up $200 million of mostly refunding bonds Thursday as it seeks to lay the groundwork for future issuance to finance a new hospital.

Cook County announced it received a long-awaited federal approval for a so-called 1115 Medicaid waiver, allowing the county to expand its Medicaid program.