Public finance

COLORADO

Illinois may opt for a public-private partnership to finance a $2.7 billion highway expansion project in Chicago.

INDIANA

ALABAMA

U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects.

The grant from the Federal Transit Administration completes funding for $1 billion Texas rail line linking Dallas-Fort Worth International Airport with downtown stations.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

INDIANA

ALABAMA

In the week ended Dec.8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell two basis points to 4.33% from 4.35% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Maryland Gov. Larry Hogan wants lawmakers to repeal a new law requiring statewide ranking of road projects.

Direct pay bonds similar to Build America Bonds may wind up forming the backbone of Donald Trump’s proposed 10-year $1 trillion infrastructure investment plan.

CALIFORNIA

ALABAMA

Private investors sign contract to finance, build, and operate tolled express lanes on a Virginia highway.

ALABAMA

ARKANSAS

Municipal participants of every stripe gathered in midtown New York on Monday to discuss topics ranging from the tax exemption to Americas infrastructure to what’s worth the risk for investors.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

The Illinois Regional Transportation Authority Thursday will consider a $3 billion operating budget and $5.1 billion five-year capital plan that boosts spending next year but still falls far short of its needs as a new state capital program languishes amid the ongoing budget impasse.