Toll revenue bonds

The Miami-Dade County Expressway Authority is challenging a recent state law to abolish the agency.

The county contends that a state law dissolving the Miami-Dade County Expressway Authority violates its home rule authority.

The authority reports $193 million of present value savings on a $651 million refunding.

A judge ruled the Miami-Dade County Expressway Authority can still write checks even though it was abolished in a bill signed July 3 by Gov. Ron DeSantis.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

After Gov. Ron DeSantis signed the bill into law, Moody's Investors Service downgraded Miami-Dade County Expressway Authority debt.

The North Texas Tollway Authority continues its aggressive refunding with $679 million of revenue bonds this month, bringing the total over the past six years to nearly $7 billion.

A bill to dissolve the south Florida toll road authority has been sent to Gov. Ron DeSantis.

Citing new uncertainties surrounding revenue credits, Moody's downgraded the Illinois State Toll Highway Authority ahead of a $300 million deal.

A strong economy has resulted in more success for tolled managed lanes than many skeptics anticipated.