Kevin Corbett, Gov. Phil Murphy’s choice to lead New Jersey Transit, faces a host of fiscal, infrastructure and governance challenges.

Chicago says no taxpayer funds will go to build a proposed express line between downtown and O'Hare.

California is still decades away from prefunding retiree health benefits liability, said State Controller Betty Yee.

Alaska Gov. Bill Walker is making a pitch for capital investment, including a new bonding program.

An Illinois lawmaker has filed a bill that would authorize the massive borrowing.

St. Louis is considering a plan to raise money by privatizing Lambert International Airport.

Plans to build a $362 million Kansas prison as a public-private partnership are in doubt as lawmakers question the financial benefits.

The centerpiece of the U.S. Chamber of Commerce's four-part infrastructure plan is a 25 cents per gallon increase in the federal gas tax.

After granting an expansion franchise to Nashville, Major League Soccer has Cincinnati, Detroit and Sacramento on the hook.

The city council cleared the path for negotiations to resume with the city's P3 airport partner after a brief delay.

Bond director Ben Watkins lamented the loss of the refinancing tactic that helped refinance 62% of the state’s debt portfolio.

Indiana’s experience provides a roadmap for what can go wrong in a private partnership, though it's not indicative that the funding technique is flawed.

Kansas City, Mo., is still trying to complete a deal for the $1 billion airport overhaul with a chosen private partner, while rivals push to replace the deal.

Transportation officials want tax reform to include funding for the Highway Trust Fund and infrastructure as part of the larger package.

Wayne State University's partnership with a private developer may serve as a model -- especially if the pending tax law bans private activity bonds.

Directors at the Federal Reserve Bank of Richmond have chosen Thomas Barkin, a senior executive at the global consulting firm McKinsey & Co., as the institution's next president, said a person familiar with the decision.

The county says it's closer to an agreement to build a criminal justice center at new location.

Mayor Rahm Emanuel said there would be no taxpayer funding.

The remodeling of the 22-year-old airport will add gates and update its security infrastructure.

Kansas City, Missouri was banking on private activity bonds for a "significant" role in the airport financing.