The question of how to pay for the governor's $21 billion, 10-year transportation bill points to the political third rail of highway tolls.

P3 players are turning to smaller projects and taking on more partners, industry insiders told a Bond Buyer conference.

Montreal businessman Anthony McCord will arrive next month as New York Metropolitan Transportation Authority's chief transformation officer to address the authority's myriad operational and capital funding challenges.

The $1 billion bi-state agreement includes building a wider bridge over the Potomac and adding tolled express lanes.

NDH founder Scott Haber told Louisiana officials that state tax credits can provide seed funding for public-private partnership projects.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

Reduced activity in the oil patch is showing up in Oklahoma's revenue growth, Treasurer Randy McDaniel said.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

Unlike previous central bank chiefs, Powell’s chances of being renominated by either the current president or many of the Democratic contenders are slim.

Kenneth Potts, senior vice president and portfolio manager at Fiera Capital, checks in on the state of the municipal bond market. He talks about the effect of the SALT deduction on high-tax states and supply and demand factors in this podcast recorded in September. Chip Barnett hosts.

Proposition CC, which would have allowed the state to retain revenues above a 27-year-old formula, was defeated.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

The unfunded liabilities rose to $137 billion in fiscal 2019 from $134 billion, and the state will have to contribute $600 million more in fiscal 2021.

Texas continued its record-setting pace in October with monthly sales tax revenue growing 7% year-over-year to $2.82 billion.

The New Jersey Department of the Treasury released $53.7 million of $104.8 million in suspended transitional aid.

Jared Polis proposed a $34.5 billion budget, including $13.8 billion for the general fund.

St. Louis wants a deal that improves the airport while generating net cash proceeds to the city.

The federal government has been operating on a stopgap budget since the Oct. 1 start of the fiscal year but President Trump has declined to give any assurance he will agree to another one past Nov. 21.

Andrew Rein president of the watchdog Citizens Budget Commission, tells The Bond Buyer's Paul Burton why New York City voters on Nov. 5 should vote yes on ballot Question 4, which calls for a dedicated rainy-day fund. The state must also approve the change.

G. Scott Rafshoon, a veteran expert in P3s, has been hired as a partner in Squire Patton Boggs’ Atlanta office.