Shelly Sigo

Junk-rated Citrus Memorial Hospital in Florida continues to see financials decline and its ratings drop further into junk territory while its bonds continue to trade near par.

Virginia has joined a program to reform the state's economic development incentive programs to deliver the strongest results at the lowest possible cost.

Florida lawmakers are in a last-minute push to replace the Orlando-Orange County Expressway Authority on the heels of a scandal that dogs the agency.

South Carolina's Tuomey Healthcare System told bondholders Wednesday that it will file for bankruptcy if it cannot resolve a dispute with the federal government, which won a $237 million judgment against the hospital.

The Florida Government Finance Officers SpaceCoast Chapter and PFM Asset Management sponsor a training seminar on investment practices on May 2.

Atlanta hopes a new financial incentive program will stimulate international air cargo and passenger growth at Hartsfield-Jackson Atlanta International Airport.

Georgia Gov. Nathan Deal signed a $42.4 billion fiscal 2015 budget into law on Monday.

The North Carolina Department of Transportation has named David Tyeryar as the agency's new chief financial officer.

Fiscal problems, unfunded pensions, and bond covenant violations plague the small city of Bogalusa, La., according to a state audit review and site visit.

Florida's Citizens Property Insurance Corp. priced an upsized $1.5 billion catastrophe bond deal to protect itself from hurricane losses on the state's coast.

A consortium led by Sweden's Skanska Infrastructure Development will negotiate a P3 contract to build Florida's massive "Ultimate Interstate 4" project.

The growing Tampa Bay area on Florida's mid-west coast plans to ease severe traffic congestion with major transit upgrades, including new light-rail systems.

Jefferson County, Ala.'s attorneys say petitions appealing the county's bankruptcy exit plan fail to address legal matters and contain "tangential allegations."

Miami Gardens, Fla., voters authorized the city to issue $60 million of general obligation bonds April 21. It would be the city's first issuance of GOs.

Moody's revised the outlook on the Orlando-Orange County Expressway Authority, Fla., to stable as it prepares a work plan and faces potential governance changes.

Atlanta Mayor Kasim Reed plans to name Atlanta International Airport's new manager in the next two weeks after interviewing three candidates.

Kentucky plans to use bond financing to partially fund upgrading high-speed Internet access across the state through fiber optic lines.

Louisiana will use non-recurring revenue to defease $210 million of bonds to help close a deficit in the 2015 budget even though it will create a shortfall in 2016.

A North Carolina Interstate toll project aimed at congestion relief faces growing resistance from opponents that want the federal highways to remain freeways.

Slow property tax growth will force Florida's local governments to rely on non-tax revenue for operations, leaving less for debt service payments, Moody's said.