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Infrastructure Finance

After federal delays and political shifts, the state’s long-awaited broadband expansion is starting over with half the funding — leaving millions of Texans still offline and waiting.
The Regional Transportation District’s Accountability Committee issued a report urging the transit agency to attract riders before they establish post-pandemic routines of commuting to work by car, highlighting poor ridership as a top concern.
Officials remain in the planning phase on how to spend the rest of the county’s American Rescue Plan funds. Residents have advocated investing in education, broadband, minority investment and infrastructure.
Without federal help, cities in the Northeast and Midwest face heavy cost burdens to upgrade aging roads, bridges and water systems. Younger municipalities in the South and West are beginning to have similar problems.
As the coronavirus pandemic forced Americans outside, states are now investing some of their federal aid in updating park infrastructure to keep up with the record crowds.
A bipartisan group of senators proposed the gas tax should be indexed to inflation to help pay for new infrastructure spending, an approach Biden calls ‘regressive.’
The state will soon have a new electric vehicle manufacturing plant, which Commerce Director Brent Kisling hopes will better position the state to compete for $15 billion in future EV investments.
South Carolina’s gas tax will increase another 2 cents in July to increase funds for road maintenance. But officials predict the state may still need an additional $240 million annually for all of the necessary repairs.
Federal funding formulas need to evolve to help regional governing bodies to accelerate both large and community-focused projects that have an impact across these large population clusters.
The warring camps in Washington are unlikely to find a middle ground on their own. Governors and mayors need to take a seat at the adult tax-policy table.
Western New York officials hope that federal funding from the Innovation and Competition Act, the proposed infrastructure package and from stimulus relief funds would be used to develop tech hubs and revitalize transportation networks.
Any new federal infrastructure program should provide states and localities with the flexibility to tap the private-sector innovation and expertise that can produce new revenues, meaningful savings and operational efficiencies.
The Los Angeles Metropolitan Transportation Authority board of directors has unanimously supported an idea to create a program that allows students and low-income people to ride Metro’s trains and buses for free.
The two hundred miles of high-speed railway rely upon dense urban growth around transit stations to achieve long-term success. But as California and San Diego birth rates and population decline, some worry it’s too costly a risk.
Lawmakers have proposed $209 million of the multibillion-dollar bill for pollution and traffic initiatives in the Denver area that focus on marginalized groups impacted by the building of the highways decades ago.
The state’s gas tax will increase again on July 1 to bring even greater revenue for road and highway maintenance projects. But the repairs have been slow, often lagging behind other states.