Transportation industry

The Port Authority of New York and New Jersey authorized a $31.5 million rehabilitation of a taxiway at Newark Liberty International Airport.

WASHINGTON — Mileage-based systems could yield revenues between three and eight times higher than the gas taxes currently used to maintain the public road system and back bonds, the Congressional Budget Office found.

Alaska voters decide on a $453 million transportation bond next month, though questions remain over a project at the Port of Anchorage that would receive $50 million in bond proceeds.

PortMiami's "Deep Dredge" harbor project will be mostly financed with bonds to ready the port for the Panama Canal expansion in early 2015. Miami-Dade County will pick up the federal costs to get the project done.

The Illinois State Toll Highway Authority unveiled a proposed $1.5 billion budget for 2013 that banks on $1 billion in borrowing to finance projects planned under the system's $12 billion capital program.

Spanish infrastructure investment giant Cintra will be the private partner on a more than $1 billion public-private partnership to develop the Route 460 Corridor project in southeastern Virginia, sources said.

The Texas Department of Transportation will leverage a $5.6 million federal grant to conduct a study of high-speed passenger rail along the Interstate 35 corridor between Laredo, Tex., and Oklahoma City.

Indiana plans to tap a final team to partner on its half of the $2.6 billion Ohio River bridges project by mid-November and close the deal by the end of the year, officials said.

Chicago will seek independent audits to assess the operational and financial management of its asset leases beginning with its controversial $1.15 billion 2009 parking meter concession contract.

Kentucky and Indiana agencies Tuesday are poised to approve the long-awaited master agreement for the financing and construction of the massive $2.6 billion Ohio River Bridges Project.

Indiana University expects to hire financial advisors to oversee the privatization of its parking system, a transaction modeled after Ohio State University's precedent-setting deal.

New York's Metropolitan Transportation Authority Chairman Joseph Lhota announced four options for fare and toll increases that he says are needed to help fill a budget gap.

With successful public-private partnerships under its belt, and more underway, Puerto Rico is leading the way in a market that has been slow to catch on in the United States.

The Los Angeles City Council voted to approve negotiations with Ontario, Calif. officials that could result in L.A./Ontario airport being returned to local control.

The Metropolitan Transportation Authority is selling New York City bus and subway transit MetroCards with front-facing ads for the first time.

The Delaware River Joint Toll Bridge Commission sold bridge system revenue refunding bonds after receiving positive outlooks from Moody's and Standard & Poor's.

Metropolitan Atlanta Rapid Transit Authority administrator Beverly Scott will become the new general manager of the Massachusetts Bay Transportation Authority.

Slide show of Puerto Rico Public Private Partnerships P3s

Roger Nutt will resign as chief executive of the embattled Pennsylvania Turnpike Commission, which the state auditor said was "drowning in debt."

The Citizens Budget Commission watchdog group, calling the financing arrangements of New York's MTA "volatile and insufficient," proposes an alternative that it said would curb deficits.