The tax supporting a $38 million bond deal for a rural Alabama hospital faces a legal challenge, though supporters say a state constitutional amendment on the Nov. 8 ballot should cure the problem for Chilton County and other localities, including Jefferson County.
If this is you, we can help... Investment officers looking to earn a designation for career advancement CPAs in need of online continuing professional education (CPE) credits Investors needing the bond market basics to demystify sometimes murky financial concepts Anyone looking for the flexibility of an online education and training option
Indian River and Martin counties filed motions for summary judgments requesting a federal judge block the $1.75 billion private activity bond allocation for All Aboard Floridaís Brightline passenger train project.
Trying to take a third bite at an elusive bobbing apple, Miami Mayor Tomas Regalado's administration is now backing a $45 million bond issue to finance the long-promised renovation of the historic Miami Marine Stadium, a Virginia Key landmark that's been shuttered and deteriorating since 1992.
A federal court judge has approved Miami's $1 million settlement with the Securities and Exchange Commission over charges the city acted fraudulently in taking steps to hide its deteriorating financial condition from bondholders.
The Florida Hurricane Catastrophe Fund is well positioned to absorb losses, the fundís financial advisor says, even though $454 million in insurance claims have been filed since Hurricane Matthew brushed the state.
VENICE, Fla. -- An internal draft document comparing the cost of renovating the current Venice police station with building a new one significantly narrows the gap between the two projects to less than $3 million.
Miami agreed to pay $1 million to settle securities fraud charges after the city was found guilty by a local jury of playing a shell game to hide its deteriorating financial condition from bondholders.
Manhattan Institute senior fellow Nicole Gelinas discusses the many challenges facing New York regional transportation with The Bond Buyer's Paul Burton and Andrew Coen. Topics include capital funding, Port Authority and MTA megaprojects and alternative funding to counter the L subway line shutdown.
The private sector might be willing to carry risk the public sector doesnt want, or provide capital sooner than the public sector capacity allows, but these benefits come at a cost, and sometimes that cost is hard to measure.