Texas Sets a Record Road Deal
- Chicago Eyes $130M Motor Fuel Tax Deal. Shields, Yvette // Bond Buyer;3/4/2003, Vol. 343 Issue 31585, p1
Reports on possible approval of motor fuel tax-backed revenue bonds by City Council's Finance Committee in Chicago, Illinois. Possible utilization of the bonds proceeds; Ratings assigned by various ratings companies to the bonds.
- Louisiana Avoids Swap Penalties, OKs RoÂ·ad Refunding. WATTS, JIM // Bond Buyer;5/8/2013, Vol. 384 Issue 33908, p20
The article informs that Louisiana will avoid the swap-termination penalties of 110 million U.S. dollars on two series bonds of second-lien gas and fuel taxation with a refunding of 303.1 million U.S. dollars that have been approved by the State Bond Commission in May 2013.
- Chicago Fuel Bonds Entangled by Illinois Budget Mess. Shields, Yvette // Bondbuyer.com;9/30/2015, p1
The Illinois budget stalemate has left Chicago on the hook to cover monthly payments to the trustee on its motor fuel tax bonds because state transfers are trapped without a fiscal 2016 budget.
- Back on Course, DISD Sets $166M Deal. Williamson, Richard // Bond Buyer;7/13/2010, Vol. 373 Issue 33348, p1
The article reports that Dallas Independent School District (DISD) has availed 166-million-dollar Texas Permanent School Fund (PSF) issued by the Internal Revenue Service in Texas. Horacio Aldrete-Sanchez, analyst of Standard & Poor's Corp., stated that the refund would provide greater...
- Wyoming roads are safer one year later. Brown, Chris // Wyoming Business Report;Sep2014, Vol. 15 Issue 6, p12A
The author reflects on proposals to increase fuel tax in Wyoming by 10 cents per gallon to address the state's aging transportation system, in which he discusses the benefits and disadvantages to be introduced by a higher fuel tax, particularly on residents and businesses.
- FortuÃ±o sees economic rebound in 2011. Marino, John // Caribbean Business;12/2/2010, Vol. 38 Issue 47, p2
The article reports on the expectation that Puerto Rico's economy will recover in 2011 as shown by the gain of the Economic Activity Index (EAI) and Standard & Poor's (S&P) Corp. positive credit rating. According to Governor Luis FortuÃ±o, the economy has passed its worst point and is going...
- S&P: State Faces Structural Imbalance in School Funding. Williamson, Richard; Watts, Jim // Bond Buyer;2/15/2011, Vol. 375 Issue 33467, p6
The article reports on the lower credit rating given by Standard & Poor's Corp. to Texas due to the structural imbalance in school funding. Analyst Horacio Aldrete-Sanchez explains that the economic growth was dynamic enough to cover the structural dificiencies, indicating that the state budget...
- Louisiana Taking $303M of TIMED Road Bonds to Market. Watts, Jim // Bond Buyer;4/27/2009, Vol. 368 Issue 33104, p28
The article reports that Louisiana will issue second-lien gasoline and fuel tax bonds at $303.5 in a negotiated sale. This move will benefit the state's Transportation Infrastructure Model for Economic Development (TIMED) capital improvement program. It will include $200 million of variable-rate...
- ILLINOIS: Chicago Fuel Bonds Fall. Shields, Yvette // Bond Buyer;8/4/2010, Vol. 373 Issue 33361, p7
The article announces that Fitch Ratings Ltd. has downgraded Chicago, Illinois' motor-fuel tax bonds one notch to A-minus and has given negative forecast to the rating's link to Illinois' credit.