State Treasurer Erick Russell announced Friday the state has completed the sale of $1.2 billion in transportation funding bonds. The majority of the bond funding, $875 million, will support a variety of transportation projects, including an initiative to combat wrong-way driving incidents; the rehabilitation, replacement or reconstruction of bridges and highway systems statewide; as well as investment in public transit systems, such as bus and rail facilities. The sale also included $349 million to refinance previously issued special tax obligation bonds, which will result in $26 million in debt service savings, Russell said.
https://www.hartfordbusiness.com/article/ct-completes-12b-transportation-bond-sale-will-fund-major-infrastructure-projects