Industries

Michigan's Great Lakes Water Authority went to market in June with roughly a billion dollars of bonds, part of a complex transaction that included a tender.

The layoffs will mean a hit to basic services and the cancellation or delay of projects.

Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.

The deal is the second large bond issued from the Public Energy Authority of Kentucky this year.

Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.

Senator Joni Ernest has reintroduced the Modernizing Agricultural and Manufacturing Bonds Act, long- simmering bipartisan legislation backed by the CDFA and BDA.

Oregon's Senate president altered the make-up of the transportation committee to get the massive tax bill passed.

A federal judge has issued a temporary injunction against the U.S. Department of Transportation's attempt to withhold federal funds from states judged to be in noncompliance with the Trump administration's immigration policies.

The bonds will help fund the agency's capital improvement plan.

Fitch cited the authority's stronger margins in recent years.