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A 2023 U.S. Appeals Court ruling derailed federal approvals for the Uinta Basin Railway, which plans to seek up to $2 billion in private-activity bonds.
June 24
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The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.
June 18
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House Transportation and Infrastructure Committee lawmakers urged new bills and new ways for transit authorities to deal with the post-COVID dynamics.
June 14
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Driven by ongoing capital expenditure funding and current refunding opportunities, airport issuance is estimated at $21 billion in 2024, with a slew of from June through September and more planned in December, according to Ramirez.
June 12
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The ratings agency cited growing enplanement counts, expectations of resilience during future economic downturns, and strong management for its upgrade to AA from AA-minus.
June 10
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Moody's Ratings analysts revised the outlook to stable from negative on the expectation that states and locals will fill an $8 billion operations funding gap.
June 5
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Co-authors of a bill to authorize a tax measure seen as crucial to Bay Area transit killed it amid opposition from multiple quarters.
June 3
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California senators approved a tax measure to raise $1.5 billion after the bill's author promised further tweaks to occur on the Assembly side.
May 28
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Indiana officials celebrated the completion of the first of three major commuter railway upgrades, which together represent the state's largest rail project.
May 22
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High speed passenger rail line leveraging $3 billion in DOT grants
May 15
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To keep up with anticipated passenger growth, Phoenix Sky Harbor International Airport plans to build an additional terminal.
May 14
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The deal comes after months of disagreements over ballooning costs for the project, which was first announced in 2018.
May 8
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Lawmakers in Illinois have proposed legislation to consolidate the Chicago Transit Authority, Metra, Pace and the Regional Transportation Authority.
May 8
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Strong and growing sales tax revenues support the bonds. Repayment isn't tied to ridership, which has declined.
May 2
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Polk County, Iowa is issuing $113 million of general obligation capital loan notes, Series 2024A, for the Des Moines Airport Authority's new terminal project.
May 1
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The bill would authorize $105 billion in appropriations through 2028 but still faces a few hurdles in Congress.
April 30
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Teague, most recently an executive director of the municipal securities department at Morgan Stanley, will focus on surface transportation.
April 26
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The state's transportation commission took action to end a comprehensive development agreement for a partially bond-financed toll lane project on State Highway 288.
April 9
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The eight-year, $1.35 billion property tax levy would have to be approved by the City Council before going to voters in November.
April 8
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