Manager: Paducah Power Not a Bankruptcy Candidate
Kentucky's Paducah Power System board will be asked to take bankruptcy off the table as an option to deal with its struggling finances, said manager Mark Crisson, because the system is solvent.
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Miami-Dade County plans to price $750 million of revenue bonds to refund bonds issued for capital improvements at Miami International Airport.  more »
Northern Virginia Transportation Authority will sell $69 million of revenue bonds to finance regional transportation infrastructure.  more »
A court ruling that South Carolina failed to provide a "minimally adequate" education to poor children is credit positive for low-income school districts, said Moody's.  more »
JEA, north Florida's largest utility, rejected a plan by Jacksonville's mayor to contribute $400 million to the city's pension liability, but agreed to consider negotiating a smaller amount and may issue pension obligation bonds.  more »
The University System of Georgia's 65-year college housing privatization, which will defease $325 million in bonds, is being closely watched by higher education, finance, and housing industries.  more »
Two professionals at Florida -based Community Capital Management received honors for their work in the municipal bond industry.  more »
Charlotte, N.C., wants the FAA to settle a lengthy governance dispute between local and state officials over Charlotte Douglas International Airport.  more »
The Atlanta Symphony's recent labor agreement is credit positive because it enables the Woodruff Arts Center to reduce operating deficits, Moody's said.  more »
Virginia Transportation Secretary Aubrey Layne says new P3 rules remove the mystery from the selection process.  more »
Florida's Palm Beach County School Board will consider a staff recommendation to file under the SEC's MCDC self-reporting disclosure initiative after learning that underwriters have already reported the district under the program.  more »
The Internal Revenue Service is auditing bonds issued in 2006 by the Orange County Health Facilities Authority in Florida for Orlando Regional Healthcare System, now Orlando Health Inc.  more »
The new Central Florida Expressway Authority plans to interview four candidates for the executive director's position, and move forward with its first major financing.  more »
Atlanta unions are considering an appeal following a superior court ruling Nov. 10 that tossed their lawsuit challenging the city's landmark pension reform package.  more »

Are some tax-exempt bond issuers incurring unnecessary costs and unexpected risks by over-relying on traditional fixed rate debt?

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