Toll revenue bonds

The Alabama Toll Road, Bridge and Tunnel Authority is bringing $3.7 billion of bonds and notes to finance a bridge and fund I-10 improvements in Mobile.

Financing for a nearly $500 million long-term investment plan would include as much as $250 million of revenue bonds that could be sold next year.

The previous record was $3.8 billion as part of the Georgia SR-400 Express Lanes project.

The bonds and notes will be used to build a Mobile River Bridge for Interstate 10 and do some work on the Bayway.

But a toll-backed public-private partnership remains possible for the more than $1 billion project.

The Oklahoma Council of Bond Oversight approved up to $2.9 billion of bonds to continue financing of a turnpike expansion program and to refund outstanding debt.

Tracking with the larger U.S. managed lane sector, the company enjoyed strong growth in its North American market.

A lawsuit filed in federal court comes as the turnpike was seeking approval from a state oversight council for $1.5 billion of revenue bonds.

South Carolina — which just passed a law allowing tolls and public-private partnerships — won federal funding for a statewide asset scan focused on its major transportation corridors for potential P3s.

The revenue bonds would continue financing for a 15-year, $8.2 billion program to widen existing toll roads and build new ones.

Reason's latest transportation finance report lays out barriers to U.S. pension funds investing in infrastructure and the P3 pipeline.

Political opposition from Charlotte residents halted the express toll lanes expansion plan.

Express toll lanes have evolved from a "boutique subsegment" to the fastest-growing sector in ground transportation, according to Fitch Ratings.

The collapse of Sprit Airlines spills into the South Jersey Transportation Authority as Fitch Ratings places its revenue bonds onto a negative watch status.

Doubts are emerging on Capitol Hill about when a surface transportation reauthorization may arrive and what effect, if any, it will have on the beleaguered Highway Trust Fund.

The department has hit its $30 billion limit on transportation private activity bonds and there's a large pipeline of public-private partnerships across the country.

The U.S. Department of Transportation is looking for proposals that leverage public private partnerships to solve traffic bottlenecks through the use of tolled express lanes .

The state does not have the bonding capacity to independently rebuild the American Legion Bridge, the feds say. The state continues to hope for a federal grant to help cover the cost.

The state says the $6.5 billion project is not possible without toll revenue.

The audit did not quell calls for greater transparency and oversight for the authority as it continues a bond-financed expansion program.