Toll revenue bonds

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

Toll collections on the Garcon Point Bridge have been suspended since mid-September because of Hurricane Sally, pitting the bond trustee against the state of Florida again.

Upfront savings from the $371 million deal will improve liquidity for the authority after the coronavirus-caused traffic downturn.

Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.

Florida is taking public comments about a toll road program that would add more than 300 miles of highway across broad swaths of the state.

The North Texas Tollway Authority's $758.3 million refunding will provides short-term principal relief after the coronavirus caused lost toll revenue.

A multi-part study by Cornell Consulting concludes that Florida should not build three major toll roads that are under consideration.

Feeling the revenue hit from the coronavirus, the commission has received state approval for a second delay in $112.5 million quarterly transit payments.

Nine major toll roads could generate more than $76 billion to help states deal with coronavirus pandemic costs.

The Florida Department of Transportation continues litigation in an attempt to terminate the Miami-Dade County Expressway Authority.

Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.

A state appeals court rejected the one of the state government’s attempts to eliminate the Miami-Dade Expressway Authority, but the legal battle continues.

Saddled with debt and its revenues now pummeled by the coronavirus, the agency faces a possible lawsuit over the austerity-related toll collector layoffs.

The Sunshine State plans to build a statewide network of electric vehicle charging stations to cut down on carbon dioxide emissions from gas-fueled cars.

Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.

Without federal funding, many toll facilities will be forced to comply with bond covenant requirements, which could mean reductions in workforces and delays in capital projects, toll groups said.

The state will fast-track billions in road projects despite not knowing how the pandemic could impact revenues.

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.