West Palm Beach, Fla., Closer to Creating Charter School
West Palm Beach, Fla., city commissioners voted Sept. 29 to create a Municipal Charter School Agency with a nine-member governing board.
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Virginia lawmakers will consider a budget amendment to ensure new spending cuts do not imperil a planned $100 million road bond issue.  more »
Financial pressures that turned the outlook on the Woodruff Arts Center's bonds negative led the Atlanta Symphony Orchestra to postpone its season opening.  more »
S&P lowered its ratings to A-minus from A on bonds sold for Shands Teaching Hospital at the University of Florida, citing an upcoming $250M deal.  more »
Atlanta plans to do a debt feasibility study on the advisability of issuing $250 million of GO bonds for infrastructure improvements.  more »
Saddled with high electric rates, the Paducah Power System in Kentucky will investigate its fiscal obligations to the beleaguered Prairie State Energy Campus.  more »
Growth in Florida's property insurance market will allow Citizens Property Insurance to defease $418 million in debt two years early.  more »
Palm Beach County, Fla., tells two Major League Baseball teams seeking a new $140 million spring training stadium to revise their proposal for public financing.  more »
Fitch revised its outlook to stable from negative on Tennessee's Memphis International Airport bonds despite losing Delta Air Lines' hub.  more »
The Federal Railroad Administration released a draft environmental statement for the new private passenger rail service All Aboard Florida.  more »
Fitch Ratings and Moody's Investors Service have downgraded various ratings of Salisbury, N.C., because of its fledgling fiber optic broadband service.  more »
North Carolina Gov. Pat McCrory plans to recommend a $1 billion transportation bond program to the General Assembly next year.  more »
Allowing one person to appoint members to the Cincinnati/Northern Kentucky International Airport board is "atypical" compared to similar airports, said Fitch.  more »
Tennessee's revenue collections exceeded estimates in August by 3.7%, said Finance and Administration Commissioner Larry Martin.  more »

Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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