Shelly Sigo

The Department of Justice will revive its federal housing discrimination lawsuit against the Louisiana State Bond Commission after commissioners rejected a settlement.

Kentucky legislators, who disagree on the biennial budget and amount of bonds, now go to conference.

Georgia lawmakers passed a $42.4 billion budget and a constitutional amendment that, if passed, would prohibit legislators from increasing the state income tax.

Mere talk that the federal government should divest the Tennessee Valley Authority has had a negative consequence, the head of a local power utility said.

Atlanta plans to refund $705.5 million of bonds originally sold to finance improvements at Hartsfield-Jackson Atlanta International Airport.

Moody's drops Covington, Ky.'s bonds to Baa1 citing a history of deficit spending by the city whose finance director recently pleaded guilty to stealing $800,000.

The Louisiana State Bond Commission rejected a settlement with the Justice Department March 20 that would have resolved a federal housing discrimination suit.

Orlando, Fla., is pricing $238.6 million of bonds to finance downtown arts and sports venues, including a stadium that helped the local Orlando City club land a spot in Major League Soccer.

In a post-bankruptcy review, Moody's found that creditors received wide recovery rates in Jefferson County, Ala., and other recent municipal bankruptcies.

The Kentucky House passed a bill that would ban the use of tolls for the $3.5 billion Brent Spence Bridge project being planned by Kentucky and Ohio, while moving ahead with P3 projects elsewhere in the state.

As Mississippi legislative session winds down, the state's first debt study will guide lawmaker on bond financing decisions, said State Treasurer Lynn Fitch.

Virginia Gov. Terry McAuliffe called a special session for March 24 because the House and Senate were unable to agree on a state budget or expanding Medicare.

The credit of 155 local power companies would be negatively affected if the federal government severs ties with the TVA, according to Moody's.

Atlanta Mayor Kasim Reed appointed a 16-member panel March 12 to search for wasteful spending in city government to support issuing infrastructure bonds.

Two of Florida's largest airport operators, in Orlando and Tampa, plan to spend nearly $5 billion on multi-year capital plans dependent on millions in bond financing.

Moody's upgraded Hartsfield-Jackson Atlanta International Airport's general revenue bond ratings to Aa3 from A1 citing its financial and operational strengths.

An Alabama Senate bill passed March 6 would authorize $100 million of bonds to finance digital textbooks for the state's public school teachers and children.

The SEC and former JPMorgan bankers asked a federal court not to exclude experts in the pay-to-play suit involving Jefferson County, Ala.'s sewer deals.

Standard & Poor's affirmed Louisiana's AA rating and stable outlook but warned that the state should find structural solutions to its budget challenges.

The North Carolina Department of Transportation named Clayton Somers as the new executive director of the Turnpike Authority.