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Potential Bankruptcy of Nuclear Contractor Hovers over Two Public Utilities
Credit concerns are mounting over the financial stability of Toshiba Co., parent of the company building partly municipal bond-financed nuclear units in South Carolina and Georgia.  more »
At Unit 2 of the V.C. Summer Nuclear Station, co-owned by South Carolina Electric & Gas Co. and Santee Cooper, a steam generator is placed at the Westinghouse AP1000 nuclear plant on Jan. 10.
Public finance attorneys Kenneth Pollock and Laurie Schwartz are working in Butler Snow’s Atlanta office and Jamie Garner is in the firm’s Macon office.  more »
STATE ROAD, N.C. -- County commissioners approved a plan for Surry County to take on $55 million in new debt over three years.  more »
FRANKFORT, Ky. -- A bill that would authorize $10.5 million in state bond funds for construction of Kentucky's fifth veterans' nursing home passed the state House by a vote of 99-0 on Thursday.  more »
Bond insurer ACA Financial Guaranty Corp. has gone to federal court seeking the keys to Buena Vista, Virginia’s city hall and compensatory damages after the city defaulted on ACA-wrapped debt that financed a golf course.  more »
Saying lawmakers have failed to offer alternatives to address West Virginia’s $500 million budget gap, Gov. Jim Justice revised his fiscal 2018 budget to propose new taxes on sugary sodas, cigarettes, and wealthy state residents.  more »
FRANKFORT, Ky. -- A bill that would authorize $10.5 million in state bond funds for construction of a 90-bed state veterans' nursing home in Bowling Green is one step closer to becoming law.  more »
Owensboro Health has set in motion a process that could result in refinancing its $550 million in construction bonds.  more »
Saying he is responding to a recent rating downgrade by Moody's Investors Service, West Virginia Gov. Jim Justice is seeking legislation that would allow him to furlough state employees to reduce spending.  more »
GREENSBORO, N.C. -- Some Guilford County sheriff's deputies will get paid more under a plan approved Thursday that aims to address recruitment and retention issues in certain jobs.  more »
The Louisiana Legislature ended a special session agreeing to budget cuts and using reserves to close a $304 million mid-year gap, while facing a $440.5 million shortfall in fiscal 2018 due to lower revenue estimates.  more »
It has been more than 20 years since Cumberland County, N.C., Schools secured a school bond to pay for new schools, classroom additions and renovation projects to campuses throughout the system.  more »
West Virginia Gov. Jim Justice said state officials failed to address budget problems that would have staved off a downgrade of the state’s GO bond rating to Aa2 by Moody's Investors Service.  more »
PICKENS, S.C. -- A new plan is looming to pay for the new Pickens County Jail, just days before the scheduled groundbreaking.  more »

How are the nation's suburban municipalities shaping up politically and financially? Larry Levy, executive dean of the National Center for Suburban Studies at Hofstra University discusses how the 2016 presidential election played out in the suburbs and whether the changing landscape in Washington D.C. will impact borrowing for infrastructure projects. Hosted by Andrew Coen.

As we await details of the new administration’s infrastructure plans, we must continue to demonstrate the strengths of the tax-exempt municipal market that we have today.

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