Shelly Sigo

Florida's projected $845 million surplus in fiscal 2015 could erode because of action on the federal budget and debt ceiling, state lawmakers learned Wednesday.

Florida is preparing to sell $390 million of revenue bonds for seaport and transportation projects after getting the OK from top elected officials Sept. 24.

St. Augustine, Fla.'s Glenmoor continuing care retirement community in World Golf Village filed for bankruptcy owing municipal bondholders more than $57.1 million.

West Virginia's Blue Ribbon Commission on Highways recommended a $1 billion bond program to address a deficit in funds needed for transportation projects.

Jefferson County, Ala., commissioners Monday narrowly adopted new sewer rate increases that underpin resolution of the nation's second-largest municipal bankruptcy.

Voters in Raleigh and Wake County, N.C., are casting early ballots until Oct. 5 on bond referendums for schools and roads. The election is Oct. 8.

Georgia has chosen a team of Atlanta and Florida contractors to build the $840 million Northwest Corridor project to relieve severe congestion in the Atlanta region.

Large federal flood insurance rate increases starting Oct. 1 threaten to derail the slowly improving economy in Southeastern Gulf coast states, said regional officials.

Columbia, S.C.’s $750 million sewer plan driven by a federal consent decree is a credit negative, Moody's says. More decrees in the Southeast are likely, the EPA warns.

With Southeast issuers facing big-ticket costs to rehab water and sewer systems under federal court orders, doubt about the future of munis is raising concern.

North Carolina has cleared the first of two legal challenges over a $215.8 million project to replace the aging Bonner Bridge in the state’s Outer Banks.

Jennifer Montero will be the new chief financial officer of Florida's state-run Citizens Property Insurance Corp. and John Rollins will be the new chief risk officer.

Jefferson County, Ala.'s bankruptcy attorney said a report by Moody's showing that the county's bondholders will have lower recoveries than the county anticipates is "unfair."

Florida's economists project that the state will have a windfall of $845.7 million to spend in 2015, and Gov. Rick Scott wants to spend $500 million on tax cuts.

Columbia, S.C., has promised to spend more than $750 million to settle federal charges related to contaminating local waters with untreated sewage.

Kentucky and Indiana officials set the base toll rates that drivers will pay on the $2.6 billion Ohio River Bridges Project at a special meeting Sept. 11.

The Kentucky Turnpike Authority expects to price $186.85 million of new road revenue bonds this week.

A regional commission to operate Charlotte-Douglas International Airport is being appointed while the FAA is determining if the panel can hold the airport’s operating license.

The Florida Department of Transportation is seeking proposals from investors and developers to finance, design, and build the state's first privately operated tolled expressway.

S&P has junked the rating of Florida's Learning Gate Community School to BB citing liquidity and operating performance at the long-time charter school.