Scott Appoints 3 to Agency Issuing Florida Train Bonds
Gov. Rick Scott has appointed three to the board of the Florida Development Finance Corp., which will issue $1.75 billion in bonds for the All Aboard Florida private train.
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A Kentucky attorney says there's no evidence to support a lawsuit on behalf of Paducah Power against Prairie State or its developer, Peabody Energy.  more »
The Georgia Supreme Court should rescind its approval of the public financing for the Atlanta Falcons’ $1.4 billion stadium, according to a March 26 motion.  more »
Faced with losing billions in federal funds for low income health coverage, Florida House and Senate Republicans are $4 billion apart on the 2016 state budget.  more »
Georgia voters will decide whether to implement Gov. Nathan Deal’s plan that would allow the state to take over public schools that fail to achieve passing grades.  more »
Kentucky legislators passed a bill stabilizing the state’s gas tax collections in the waning hours of this year’s annual session.  more »
The Central Florida Expressway Authority won a 1.23% interest rate on a 35-year TIFIA loan Wednesday, the program's lowest-ever long-term rate, a federal transportation official said.  more »
The Florida Hurricane Catastrophe Fund will explore using taxable munis and reinsurance to provide $2.2 billion in liquidity for the upcoming Atlantic hurricane season.  more »
The Kentucky General Assembly adjourned March 25 without passing a major funding bill for the Teachers’ Retirement System, potentially imperiling the Bluegrass state’s credit rating.  more »
Kentucky Gov. Steve Beshear has signed a bill strengthening oversight of state’s pension systems, including the teacher’s retirement plan and its $14 billion in liabilities.  more »
Tobacco bonds may be on their way to the biggest volume since 2007, led by Wednesday's $1.7 billion sale from California, as issuers refinance amid a decline in smoking that's cut deeply into revenue.  more »
In a letter to the National Governor’s Association, Kentucky’s Mitch McConnell urged states not to implement the EPA’s Clean Power Plan until it is tested in court.  more »
A subsea traffic tunnel below Chesapeake Bay has been pushed ahead to take advantage of low interest rates.  more »
Kentucky’s Paducah Power System dropped Fitch Ratings after getting a higher rating from Standard & Poor's.  more »

Some local governments may require extraordinary financial assistance from the Commonwealth, adding to pressure on its general obligations.

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