The Bond Buyer articles from October 2007

The Bond Buyer archives from October 2007

Monday.
October 1, 2007... Washington A FEDERAL APPEALS court has set aside an injunction so that i-Deal LLC can continue to operate its Parity electronic bidding system, pending the resolution of its appeal of a lower court ruling that its system was infringing on...

Florida Supreme Court Revises TIF, COP Ruling: S&P, Fitch Remove Debt From Watch.
October 1, 2007... BRADENTON, Fla. -- Market participants on Friday said a cloud had been lifted from the municipal bond market in Florida following a revised opinion from the state Ssupreme Court clarifying the status of certificates of participation and...

Taylor: Repeal Tower: Ex-MSRB Chief Touts Cox's Reforms.
October 1, 2007... CHICAGO -- Congress must repeal the so-called Tower Amendment in order for meaningful reform to take place in the municipal market, former Municipal Securities Rulemaking Board executive director Christopher "Kit" Taylor warned in a speech here...

CDR, AIG Settle SEC Securities Fraud Charges.
October 1, 2007... WASHINGTON -- The Securities and Exchange Commission has settled securities fraud charges against CDR Financial Products Inc. and AIG SunAmerica Life Assurance Co., formerly Anchor National Life Insurance Co., for failing to disclose a fee...

Munis Unchanged to Firmer in Light Day.
October 1, 2007... The municipal market was unchanged to slightly firmer Friday in light to moderate trading, as economic data came in close to expectations. "The market is firm, probably three basis points better on the long end," a trader in New York said....

Two New Jersey Legislators File Suit Against Corzine for Toll Project Data.
October 1, 2007... Two Republican members of the New Jersey's General Assembly Thursday filed suit against Gov. Jon Corzine's administration for access to a toll projection report, a piece in the governor's long-awaited asset monetization study. Assembly...

Electronic Billing: U.S. Appeals Court Sets Aside i-Deal Injunction.
October 1, 2007... A federal appeals court has set aside an injunction so that i-Deal LLC can continue to operate its Parity electronic bidding system, pending the resolution of its appeal of a lower court ruling that its system was infringing on a patent...

IRS: Panel: Tribal Bond Problems Persist.
October 1, 2007... CHICAGO -- Tribal tax-exempt financing is essentially "over" until Congress steps in, or an Internal Revenue Service enforcement action is challenged in court, attorneys at the National Association of Bond Lawyers' Bond Attorneys' Workshop here...

Mutual Funds: Weekly Reporters See Net Inflows of $270M.
October 1, 2007... Weekly reporting municipal bond mutual funds had a net inflow of $270 million during the period ending Sept. 26, AMG Data Services reported. The results were up from a $202 million inflow the previous week, and represent the fourth...

The Week Ahead: N.Y. Thruway, Puerto Rico Each Offering $1 Billion Deals.(Calendar)
October 1, 2007... Two $1 billion offerings from issuers in New York and Puerto Rico lead the way in the primary market this week, representing more than one-third of the $5.9 billion of bonds scheduled for pricing. The estimate is up 40% from the $4.2...

Legislation: Congress Approves Continuing Resolution, Debt Limit Measure.
October 1, 2007... Congress sent President Bush both stopgap legislation that would continue funding government programs at current levels through Nov. 16 and a measure that would raise the government's debt limit to $9.8 trillion. The Senate approved the...

Deal in Focus: Delaware Housing Agency Readies $125M For Largest Issue to Date.
October 1, 2007... In its largest issue to date, the Delaware State Housing Authority will next week sell $125 million of fixed-rate single-family mortgage revenue bonds. The deal, which will have a retail order period on Oct. 10 and begin institutional pricing...

Northeast Invisible Supply.
October 1, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CONNECTICUT State GOs $435 A spring DISTRICT OF COLUMBIA GOs $300 A 2007 D.C. PILOTs for Treasury bldg....

Visible Supply By State.
October 1, 2007... Sept. 28, 2007 Sept. 21, 2007 State Issues Amount Issues Amount Chg in Amt Connecticut 0 $0 2 $15,870,000 -$15,870,000 Delaware 0 0 0 0 0 Maine 0 0 2 68,460,000 $68,460,000 Maryland 2 82,795,000 2...

Plain/Insured GO Yield Curves For Sept. 27, 2007*.
October 1, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Delaware Aaa/AAA/AAA 3.42 / 3.44 3.50 / 3.55 3.81 / 3.86 4.44 / 4.47 Maryland Aaa/AAA/AAA 3.42 / 3.42 3.52 / 3.54 3.83 / 3.87 4.44 / 4.48 Vermont Aaa/AA+/AA+ 3.44 /...

MARYLAND: Hopkins Health Selling $182M.
October 1, 2007... Fitch Ratings assigned a AA-minus rating and stable outlook to $182 million of bonds the Maryland Health and Higher Educational Facility Authority plans to issue on behalf of Johns Hopkins Health System. Bond proceeds will be used to...

MASSACHUSETTS: Funds Set for 2 Bridge Fixes.
October 1, 2007... Transportation officials last week announced that Massachusetts will allocate nearly $3 million to repair two structurally deficient bridges in Worcester County. The federal government will supply 80% of the costs to upgrade the bridges...

New JERSEY: EFA Taps PFM as Consultant.
October 1, 2007... The New Jersey Educational Facilities Authority last week announced that Public Financial Management Inc. will serve as its derivative consultant for a period of up to two years. PFM was one of 15 firms that applied to the authoritys...

NEW YORK: N.Y.C. Water Plans $400M.
October 1, 2007... The New York City Municipal Water Finance Authority plans to sell $400 million of fixed-rate tax exempt bonds on Wednesday. The bonds will be sold on the MWFAs second resolution and will take out outstanding commercial paper used to finance...

PUERTO RICO: Swap Scores 2 From S&P.
October 1, 2007... Standard & Poors last week assigned a debt derivative score of 2 on Puerto Rico Sales Tax Financing Corp.s $453.5 million forward-starting swap agreement. The swap is part of the agencys recent $2.6 billion sales tax bond deal, Puerto...

Competitive Bond Offerings.
October 1, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
October 1, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
October 1, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of October 1 Marked...

Results of Negotiated Sales.
October 1, 2007... CALIFORNIA Los Angeles Department of Water and Power Sep 27, 2007 $337,630,000 Power System Revenue Bonds, 2007 Series A, Subseries A -1 (2018-23(5's), 2037 and 2039 Priced to Par Call) (book entry) Dated Oct 18, 2007. ...

Results of Competitive Sales.(Financial report)
October 1, 2007... NEW YORK Evans (Town) Sep 27, 2007 $5,000,000 Bond Anticipation Notes - 2007 (New Issue) (bank qualified). Dated Oct 9, 2007. Due Oct 9, 2008. Purchased $5,000,000.00 by J.P. Morgan Chase, at 3.52%, effective rate...

Housing: Despite Sector Woes, State HFAs Are Still Going Strong, Raters Say.
October 1, 2007... Despite the housing slump, state housing finance agencies continue to perform strongly, and the adoption of new programs to help distressed homeowners by some agencies have not hurt their credit ratings, according to reports recently released...

In Brief: August Personal Income Up 0.3%.
October 1, 2007... August personal income data was a little better than expected, as durables spending surged more than expected. August personal income rose 0.3%, personal consumption expenditures gained 0.6%, and core PCE prices increased 0.1% and grew...

In Brief: September Chicago PMI at 54.2.
October 1, 2007... The Chicago Purchasing Managers Survey for September is at 54.2, up from 53.8 in August, according to the National Association of Purchasing Managers-Chicago. A reading below 50% indicates a slowing economy, while above 50% means an...

In Brief: Construction Spending Up 0.2% in August.
October 1, 2007... Construction spending rose 0.2% in August, according to the Commerce Department. (c) 2007 The Bond Buyer and SourceMedia, Inc. All rights reserved. http://www.bondbuyer.com http://www.sourcemedia.com

In Brief: Univ. of Michigan Sept. Sentiment Index At 83.4.
October 1, 2007... The University of Michigans final September consumer sentiment index is at 83.4, compared to 83.8 in the preliminary September report. The final September index on current conditions is 97.9 versus the 98.3 in Septembers preliminary index...

The Bond Buyer Top 10 E-Mailed Stories As of September 21, 2007.
October 1, 2007... 1 Haines: Stagnant Muni Market Not Keeping Up: 09/27/07 CHICAGO - The municipal securities market cannot expect to stay competitive if its regulatory and accounting standards remain "stagnant" in the face of globalization and "dynamic"...

September Volume Down Slightly From Last Year With $27.2 Billion in 780 Issues.
October 1, 2007... The municipal market came back to earth in September after a volatile August, with volume only slightly down from last year, according to preliminary data compiled by Thomson Financial. The total volume of bonds issued was $27.2 billion...

Long-Term Bond Sales: January-September.
October 1, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $318,696,900 9,232 $266,915,100 9,112 +19.4 % January 31,214,700 851 18,784,200 721 +66.2 February ...

New-Issue Volume Notes.
October 1, 2007... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Friday, September 28, 2007. All figures are preliminary and subject to revision. Long-term bonds have final stated...

Bond Sales by State: January-September.
October 1, 2007... 2007 2006 Volume Volume Percentage State Rank (000s) Rank (000s) Change Alabama 21 $4,789,900 30 $2,636,000 +81.7 % Alaska 40 1,449,200 34 2,032,200 -28.7 Arizona 17 5,770,200 20...

Largest Issues: September 2007.
October 1, 2007... Amount Issuer Date $1,241.8 Texas Transportation Commission, highways Sep 26 1,171.1 New Jersey Transportation Trust Fund Authority, mass transit Sep 19 969.9 Washington (State), GOs (TAX/TE) (cpt) Sep 12 ...

Long-Term Bond Sales: September.
October 1, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $27,228,500 780 $28,026,300 915 -2.8 % Development 227,700 20 726,500 38 -68.7 Education 4,794,600...

Market Indicators.
October 1, 2007... Dollar amounts are in millions Day's 2007 2007 DailyYesterday Change High Date Low Date Municipal Bond Index 112-10+3/32 117-29 (2/27) 107-26 (8/24) 40 Average Dollar Price 101.35 +0.06 102.90...

Short-Term Tax-Exempt Yields.
October 1, 2007... Sep 28, 2007 Sep 27, 2007 Sep 29, 2006 Selected MIG-1/SP-1+ Notes Los Angeles Co Trans 4.50s (June 08) 3.35 3.34 3.35 New Jersey Trans 4.50s (June 08) 3.40 3.42 n.a. Texas Trans 4.50s (Aug 08) 3.40 3.42...

Municipal Market Data General Obligation Yields.
October 1, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.41 3.45 3.44 3.53 3.72 2012 3.50 3.60 3.59 3.72 3.89 2017 3.81 3.93 3.91 4.08 4.29 2022 4.13 4.25 4.23 4.42 4.63 2027 4.28 4.40 4.38 4.59 4.79 ...

U.S. Securities Prices.
October 1, 2007... Prices as of 3 p.m. ET. Source: GovPx (ICAP plc) Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M - 10/25/2007 3.340/330 3.210/190 3.403 3M -...

New-Issue Balances.
October 1, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date RECENT OFFERINGS Sold Balance $30,000 9/25 Elk Grove, Ill. $5,375 All Sold 14,800 8/27 Mishawaka Redev. Dist., Ind....

Reoffering Yields.
October 1, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa - AAA (Pure) 9/19 3.4 Mamaroneck, N.Y. 3.50 3.52 3.75 4.10 4.05...

Visible Supply.
October 1, 2007... Competitive Negotiated Total ($000s) ($000s) ($000s) Weekly Averages 9/28/07 1,665,953 11,358,644 13,024,597 9/21 1,364,281 12,658,185 14,022,465 9/14 2,391,933 14,288,320 16,680,253 9/7 3,191,435...

Municipal Market Yields.
October 1, 2007... Values at 9/28/2007 - Basis Point Change from 9/21/2007 Aaa Aa A Baa 20083.53 +03 3.68 +03 3.90 +04 4.19 +04 20123.60 +04 3.75 +04 3.98 +04 4.27 +04 20173.86 +04 4.03 +04 4.30 +04 4.61 +04 20224.18...

Placement Ratio.
October 1, 2007... No. Total Amt. Sales from Placement New New Accts. New Accts. Ratio Accts. ($000s) ($000s) (%) 2007 09/28 10 436,116 425,551 97.6 09/21 12 996,480 996,340 99.9 09/14 26 2,541,640 2,129,600 83.8...

Municipal Bond Index Update.
October 1, 2007... The list of bonds used to calculate the Municipal Bond Index was revised after the September 28 pricing. The new coefficient is 1.0150. It was derived by dividing the September 28 index (112.305821) by the average converted price of the...

Municipal Bond Prices.
October 1, 2007... These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in Bid" is rounded after calculation. Dollar...

Municipal Bond Index.
October 1, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 112-10 112-07 111-16 110-18 115-30 Friday, September 28, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price...

Texas Running Out of Ways to Build Highways, TxDOT Warns.
October 1, 2007... DALLAS -- The Texas Transportation Commission last week doled out $330,000 to El Paso's new mobility authority to study toll roads but warned that traditional funding to add capacity to the state's highways is virtually gone. Cutbacks in...

Tuesday.
October 2, 2007... Regions PENNSYLVANIA has two different roadways that could be headed in very different financing directions, with the Pennsylvania Turnpike leaning towards privatization and debate over tolling on Interstate 80 mounting.28 Investors &...

Keeping Good Records: IRS Favors Issuers With Compliance Policies.
October 2, 2007... VANCOUVER -- The Internal Revenue Service looks more favorably upon municipal issuers with established policies and procedures for record-keeping and compliance monitoring when settling audits, tax-exempt bond office director Clifford Gannett...

Former Dallas Mayor, 13 Others Indicted.
October 2, 2007... DALLAS -- Former Dallas Mayor pro tempore Donald Hill, a former city planning commissioner, and a state legislator were among 14 people named yesterday in a federal indictment alleging bribery, extortion, fraud, money laundering, tax evasion,...

Citi Remains Top Senior Manager: Underwrote $45B Thus Far This Year.
October 2, 2007... In the wake of Citi's announcement yesterday that it would take a giant third-quarter earnings hit from credit and liquidity problems in the global fixed-income markets, the firm's municipal group can offer it some consolation - Citi is still...

In Brief: ISM Sept. Index at 52.0 Off From 52.9 in August.
October 2, 2007... The overall economy grew for the 71st straight month, while the manufacturing sector expanded for the eighth time in a row, the Institute for Supply Management reported yesterday. According to the ISMs monthly report on business, the index...

In Brief: 4.270M Jobs Posted On Internet in September.
October 2, 2007... About 4,270,000 first-time online job postings appeared on leading Internet job boards in September, 165,200 more than the 4,104,800 posted in August, the Conference Board reported yesterday. In September, there were 2.78 online job ads per...

In Brief: Weekly T-Bills Go At 3.840%, 4.000% Highs.
October 2, 2007... Tender rates for the Treasury Departments latest 91-day and 182-day discount bills were mixed from last week, as the three-months incurred a 3.840% high rate, compared to 3.820% the prior week, and the six-months incurred a 4.000% high rate,...

In Brief: Treasury 4-Week Bills To Pay Down $15 Billion.
October 2, 2007... The Treasury Department yesterday said it will sell $10 billion of four-week discount bills today to pay down $15 billion and refund $25 billion of maturing bills. (c) 2007 The Bond Buyer and SourceMedia, Inc. All rights reserved....

Munis Largely Unchanged in Light Trading.
October 2, 2007... The municipal market was unchanged to slightly firmer yesterday in light to moderate trading as market participants looked to a week with fairly light issuance and little secondary supply. Munis are getting a little tighter, mainly because...

Michigan Lawmakers OK Interim Budget, Including Tax Increases.
October 2, 2007... CHICAGO -- Michigan legislators early Monday morning approved a pair of tax increases expected to generate $1.35 billion of new revenue annually, paving the way for an agreement on a 30-day budget extension that halted a brief government...

Yet Another Special Session Looms for Florida Legislature.
October 2, 2007... BRADENTON, Fla. -- The Florida Legislature begins a 10-day special session tomorrow to cut more than $1 billion from the $71.5 billion state budget. Lawmakers may have a struggle coming to agreement within their own ranks as well as...

Regulation: SIFMA Issues Model Procedures For Use With Auction-Rate Securities.
October 2, 2007... The Securities Industry and Financial Markets Association issued model auction-agency and broker-dealer agreements for use with auction-rate securities late last week, as well as updated model auction procedures, notes to bond counsel, and...

Mergers & Acquisitions: Wachovia Corp. Finalizes Merger With A.G. Edwards; Firm to Manage $1.1 Trillion.
October 2, 2007... Wachovia Corp. announced yesterday morning that it has finished its acquisition of A.G. Edwards Inc. - part of a banking double play for Charlotte, N.C., Wachovia's home town. The merger was first announced in May as a $6.8 billion deal in...

Financial Advisors: Robert W. Baird to Open Public Finance Practice in Nashville.
October 2, 2007... Milwaukee-based Robert W. Baird & Co. announced last week that is expanding its public finance practice to include a new group in Nashville. Director Kevin Barnett and assistant vice president Lorrie Nelson will seed the new Nashville...

San Diego Mayor Says City Attorney Is Preventing Return to Debt Markets.
October 2, 2007... SAN FRANCISCO -- San Diegoe_SSRqs mayor says the city attorney has become the main roadblock preventing the city's return to the public debt markets. Mayor Jerry Sanders last week ended his public policy of acting polite toward mercurial...

Exchange-Traded Funds: Susquehanna's Role In iShares' ETF Raising Product's Profile.
October 2, 2007... Susquehanna International Group LLC is buying and selling municipal securities for exchange-traded funds and is raising the product's profile due to the involvement of such a large player in the market. The company is acting as the...

Deal in Focus: East Texas Medical System Pricing $278M in Its First Deal in a Decade.
October 2, 2007... DALLAS -- East Texas Medical Center Regional Healthcare System, the major health care provider in a nine-county area southeast of Dallas, will price $278 million of revenue bonds today, marking its first deal in a decade. The Tyler Health...

Southwest Invisible Supply.
October 2, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ARIZONA AzDOT/Maricopa County $3,043 P negotiated 2007-20 Maricopa County CCD $951 A negotiated 2007-15 Phoenix water...

Visible Supply by State.
October 2, 2007... July 5, 2007 July 29, 2007 State Issues Amount Issues Amount Chg in Amt Arizona 2 $6,669,000 0 $0 $6,669,000 Arkansas 3 4,475,000 4 44,575,000 -40,100,000 Colorado 5 65,765,000 5 70,540,000 -4,775,000 ...

Plain/Insured GO Yield Curves for July 4, 2007*.
October 2, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Missouri Aaa/AAA/AAA 3.65 / 3.65 3.82 / 3.86 3.98 / 4.05 4.28 / 4.35 Ohio Aa1/AA+/AA+ 3.69 / 3.67 3.87 / 3.86 4.06 / 4.05 4.38 / 4.37 Minnesota Aa1/AAA/AAA 3.66 /...

ARKANSAS: Bald Knob Gets More Time.
October 2, 2007... The Arkansas Board of Education has postponed until December a decision on whether the financially troubled Bald Knob School District No. 1 in White County should be merged with one of five nearby school districts. The board last week...

ARKANSAS: Sherwood Eyes Land Buy.
October 2, 2007... The Little Rock suburb of Sherwood is considering whether to issue bonds to buy the defunct North Hills Country Club so the land wont be developed as residential property. Alderman Becki Vassar, who lives adjacent to the 105-acre property,...

NEW MEXICO: Taos County Passes Tax Hike.
October 2, 2007... Voters in Taos County last week approved an increase in county sales tax to support more than $30 million of bonds for a new administration, courts, and jail complex. The sales tax rate in the countys incorporated communities of Taos,...

NEW MEXICO: Balloon Deal Has Landed.
October 2, 2007... The owners of a 22-acre tract that the Albuquerque City Council decided in April to purchase as a balloon landing field to keep it out of the hands of Wal-Mart are ready to make a deal with the city. The land is appraised at $7.1 million,...

NEW MEXICO: Campaign Finance On Ballot.
October 2, 2007... A proposed change in Albuquerques city charter would prohibit candidates for city offices from taking campaign contributions from companies and city contractors. The change is one of five charter amendments on the Oct. 2 municipal ballot. ...

TEXAS: LULAC Backs HISD Bonds.
October 2, 2007... Hispanic groups are backing the Houston Independent School Districts $805 million bond proposal on the November ballot, amid wavering support from African-American community groups. The League of United Latin American Citizens has joined...

TEXAS: NTTA Board's New Members.
October 2, 2007... The North Texas Tollway Authority has three new members on its board of directors. Robert E. Day Jr., a Dallas County appointee, and Victor Vandergriff, a Tarrant County appointee, will fill the new seats created under SB 964. Michael...

Competitive Bond Offerings.
October 2, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
October 2, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
October 2, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of October 1 Marked...

Results of Negotiated Sales.
October 2, 2007... ARIZONA Show Low Bluff Community Facilities District Sep 28, 2007 $480,000 General Obligation Bonds, Series 2007 (bank qualified) (book entry) Dated Oct 16, 2007. Due Jul 15, 2032. First coupon Jan 15, 2008. ...

Results of Competitive Sales.
October 2, 2007... KANSAS Pottawatomie County Oct 1, 2007 $120,000 General Obligation Bonds, Series 2007B (bank qualified) (book entry). Dated Oct 1, 2007. Due Oct 1, 2008 to 2017. Callable Oct 1, 2012 at par. Winning bid: M & I...

Cook County Defers Action On Proposed 2% Sales Tax Increase.
October 2, 2007... CHICAGO -- Cook County board members yesterday deferred action until later this month on a controversial 2% sales tax increase that board president Todd Stroger is promoting to wipe out an estimated $307 million shortfall in the fiscal 2008...

Pennsylvania Considers Two Different Forms of Financing for Turnpike, I-80.
October 2, 2007... Pennsylvania has two different roadways that could be headed in very different financing directions, with the Pennsylvania Turnpike leaning towards privatization and debate over tolling on Interstate 80 mounting. The state's Department of...