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Atlanta-area businesses agreed to tax themselves to secure $10 million in bond financing to help reconstruct one of the region's busiest and most congested interchanges. more »
The Internal Revenue Service is auditing $11.04 million of educational facilities revenue bonds that Sarasota County, Fla. issued in 2010, the proceeds of which were lent to the nonprofit Sarasota School of Arts and Sciences, Inc. to finance charter school facilities. more »
The Rockefeller Foundation selected eight cities to participate in the RE.Invest Initiative, a national effort to support sustainable infrastructure that includes financial advice on P3 options. more »
Louisiana will structure an $806 million refunding of tobacco settlement revenue bonds to provide savings of $143 million over three years. more »
Miami-Dade County's proposed $12.6 billion water and sewer system capital plan is already attracting firms interested in public-private partnerships, Mayor Carlos Gimenez said. more »
The Virginia Department of Transportation begins a series of meetings to take public comment on the draft six-year work program being considered by the Commonwealth Transportation Board. more »
The Navy ceded 118 acres of a former base in New Orleans to the renovation effort financed with $150 million of state bonds. more »
Kentucky's general fund revenues declined 2% in April compared with last year, and represented a decrease of $16.5 million, State Budget Director Jane Driskell said. more »
Wells Fargo Bank N.A. has notified investors holding the defaulted bonds of three Georgia charter schools that they will lose about 22.7% of their outstanding principal. more »
The Federal Railroad Administration and Georgia Department of Transportation are preparing a study to evaluate high-speed passenger rail service between Atlanta and Charlotte, N.C. more »
Florida Gov. Rick Scott vetoed $368 million in special projects from the fiscal 2014 budget he received from the Legislature. The final $74.1 billion spending plan is the state's largest. more »
With market conditions continuing to improve, the Florida Hurricane Catastrophe Fund should have no problem issuing bonds to pay claims over the next 12 months. more »
Miami-Dade County is worried about its swaps going south if Congress tinkers with the tax exemption on municipal bonds. The county had swaps covering $953 million of bonds as of September 2012. more »
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A networking group for government officials, municipal bond professionals & decision-makers, driven by The Bond Buyer, which dominates municipal bond market coverage with daily breaking news through the printed daily paper, bonus distributions, live events and online at TheBondBuyer.com.
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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.
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September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
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