Atlanta Braves Stadium Bonds Appealed
Opponents of bond financing for the Atlanta Braves new $672 million baseball stadium have filed notices of three appeals by the court’s deadline.
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Eleven months after the close of fiscal 2013, Jefferson County, Ala.'s audit sheds little light on the county's financial condition since emerging from bankruptcy.  more »
Lake Worth, Fla., voters refused to OK $63.5 million in GO bonds on the Aug. 26 ballot, but other bond referendums are set for November.  more »
Former Orlando-Orange County Expressway Authority board member Scott Batterson was found guilty of bribery in a case that highlighted authority business, including bond discussions, being done in a backroom fashion despite state “sunshine” laws.  more »
The consortium building the $2.3 billion Interstate 4 project in central Florida says bank and federal loans are cheaper than bonds for the state's largest public-private partnership project.  more »
Atlanta-based IFS Securities hired former New York Gov. David Paterson as chief strategist of U.S. affairs and chairman of the firm's advisory board.  more »
The Louisiana Transportation Funding Task Force holds its first meeting Sept. 10 to begin studying new ways of funding road and bridge projects.  more »
Miami-Dade County commissioners will consider placing a $540 million bond issue on the November ballot to build a new courthouse.  more »
The terms of a loan turned the outlook on Florida Gulf Coast University's debt to negative, and could result in a rating downgrade of two notches, Standard & Poor's said.  more »
Kentucky's auditor wants legislators to restructure the Cincinnati/Northern Kentucky International Airport board after uncovering questionable expenses, policies.  more »
A long-awaited report that recommends West Virginia issue $1.5 billion in bonds to fund transportation projects will be released in September.  more »
Metropolitan Washington Airports Authority closes on a $1.3 billion federal loan to complete the final 11 miles of a light-rail line to Dulles International Airport.  more »
Florida's government pensions generally don't drive negative credit pressure partly because of the flexibility to change benefits prospectively, Moody's said.  more »
North Carolina's Fayetteville Public Works Commission plans to price $110 million in revenue bonds in a rare competitive deal.  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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