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Florida has taken advantage of favorable market conditions for more than six years capturing $2 billion in savings from refinancings, but the state's top finance official says that run is probably coming to an end.
VENICE, Fla. -- When city voters approved approved both the $18 million road bond and $16 million public safety bond on the Nov. 8 ballot, they laid the foundation for 70 miles of road repairs and construction of a new Public Safety Complex.
All Aboard Florida moved a step closer to financing the first phase of its private passenger train project when the U.S. Department of Transportation approved AAF’s new application for $600 million of tax-exempt private activity bonds. PAB financing for the project’s second phase remains uncertain.
Miami commissioners voted Thursday to borrow up to $45 million to restore historic Marine Stadium, pushing the city as close as it's ever been to starting a project that has been batted around for years.
Miami city commissioners will be asked Thursday to approve their first bond issue since a federal jury found the city guilty of violating securities fraud charges and paying a record $1 million settlement.
Former Miami budget director Michael Boudreaux has been ruined financially fighting securities fraud charges and cannot pay a $450,000 civil penalty sought by the Securities and Exchange Commission, his attorney argued in a court filing Monday.
In a Bond Buyer roundtable, Northeast regional editor Paul Burton and markets reporters Chip Barnett and Aaron Weitzman explain how the muni market is a microcosm for a crazy year. They discuss issuance, yields, red-flag states, New York Citys finances and what we might expect in 2017.