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The New York Metropolitan Transit Authority had installed the toll gantries. It had finalized the environmental reviews. It had budgeted $15 billion of capital projects counting on revenues from congestion pricing. But New York Gov. Kathy Hochul proved Wednesday that congestion pricing still wasn’t safe. Hochul directed the MTA to halt congestion pricing and asked

S&P Global Ratings upgraded the Greater Orlando Aviation Authority’s senior-lien airports facilities bonds to AA from AA-minus with a stable outlook Friday, citing Orlando International Airport’s growing enplanement counts. “The upgrade reflects Orlando International Airport’s very high activity levels and long history of favorable enplanement trends supported by serving an expanding service area economy with

Tanya Garost, the incoming president of the Government Finance Officers Association who has more than two decades of experience in Canadian public finance, said local governments on both sides of the border share more similarities than differences — especially when it comes to their challenges. “We are facing a lot of the same issues: polarizing

Cities, states and towns will get their first, long-awaited glimpse of a controversial new data standards law in a few weeks. The Securities and Exchange Commission and federal agencies are set to release a joint Notice for Comment by June 28 for the Financial Data Transparency Act of 2022. The notice marks the first of

The troubled history of Build America Bonds is coming to a head as municipalities weigh tough choices over redeeming the bonds that have lost their appeal to issuers because of their administrative headache, reduced subsidy rate, and the current high interest rate environment. “Every official statement is different,” said Emily Brock, director, federal liaison center