Shelly Sigo

Tampa Bay Water, a regional supplier on Florida's mid-west coast, will pay more than $20.6 million to the engineering firm it sued over alleged design flaws in a reservoir.

BioNitrogen Holdings plans to build seven bond-financed plants using a proprietary biomass conversion process to make fertilizer in Louisiana and Florida.

Early voting is under way in Miami-Dade County where voters are being asked to approve $830 million in general obligation bonds for the public Jackson Health System.

The restructuring plan proposed by bankrupt Jefferson County, Ala., is novel in public finance, and other defaulted issuers are using it, according to Moody's.

Moody's lowered the rating of Alabama State University to A3 from A2, and said the rating could drop further when the final results of a forensic audit are known.

The federal bankruptcy judge presiding over Jefferson County, Ala.'s Chapter 9 case tossed out billions in claims sought in two major suits.

Jefferson County, Ala., commissioners threatened to back out of a sewer warrant refunding critical to exiting bankruptcy without new haircuts from creditors.

Louisiana Treasurer John Kennedy urged state agencies to quickly prepare bond transactions out of concern that interest rates will spike before the end of the year.

The Florida Hurricane Catastrophe Fund should be less reliant on using municipal bonds to pay its bills in the future, and work on decreasing its exposure, the advisory board was told.

More than a year after closing the books for 2012, bankrupt Jefferson County, Ala., has posted its audit for that year.

Florida will support Mississippi's federal lawsuit protesting large increases in national flood insurance premiums with a "friend of the court" brief.

Standard & Poor's dropped the rating of G-Star School of the Arts, a Florida charter school focusing on film and entertainment, to B-plus from BB.

Lawsuits in Kentucky seeking a rollback in tax rates for most library districts could result in multi-notch rating downgrades, Moody's warned.

Johnson Controls will implement energy and water conservation measures at Phillips State Prison in Georgia's first bond-financed energy performance contract.

A former financial advisor for bankrupt Jefferson County, Ala., claims Citi, the investment bank heading up JeffCo’s sewer warrant refunding, violated Rule G-23.

Voters in gilt-edged Raleigh and Wake County, N.C., approved selling a total of $885 million of general obligation bonds for schools and transportation projects.

Citing a materially weakened financial position, Moody's downgraded Montgomery, Ala.'s issuer and general obligation limited tax ratings to A1 from Aa2.

Jefferson County, Ala., failed to properly inform residents about the plan that will allow the county to exit bankruptcy, according to a complaint filed Friday.

Florida's Citrus Memorial Hospital is poised to be sold to a for-profit chain, and redeem its junk bonds with proceeds from the deal.

A grassroots group is asking Florida Gov. Rick Scott to delay further legal action against Georgia over water use in the Apalachicola-Chattahoochee-Flint River basin.