Toll revenue bonds

New Jersey and Delaware agreed on a plan to raise tolls to fund capital improvements on a key northeast transportation link.

New Jersey Gov. Phil Murphy vetoed a toll increase that would have supported bond-financed capital improvements.

UMB Bank also wants the Florida Department of Transportation to pay $75 million in damages.

The state’s revenue forecast for the next two years shows increases of $442.8 million in fiscal 2020 and $386 million in fiscal 2021.

The Illinois State Toll Highway Authority will bring about $430 million of refunding debt to market.

Gov. Eric Holcomb's administration had been required to study the idea of more tolls under 2017 state legislation.

A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the bi-state transportation agency's rating outlook.

Kane County's share of Regional Transportation Authority sales taxes backs up its pledge of toll revenue for the Longmeadow Parkway bridge.

Laws forcing the Miami-Dade County Expressway Authority to reduce tolls limit the agency's access to the bond market, its officials say.

After recession-driven trouble, the authority's reserve is more than $300 million, said Donna Manuelli, its chief financial officer.