Shelly Sigo

Atlanta Mayor Kasim Reed said he will propose a plan of finance for the Atlanta Falcons new National Football League stadium in the next two weeks.

Minority-owned firms Jackson Securities and M.R. Beal have abandoned their planned merger after being unable to negotiate final terms of the deal.

Municipal market participants face the prospect of more enforcement action this year while issuers will be pressured to step up disclosure efforts, industry experts said Tuesday, the final day of the National Municipal Bond Summit.

Kentucky Gov. Steve Beshear has signed House Bill 7, which allows the state's public universities to issue $363.3 million of own bonds secured by specific fees to fulfill pent-up capital needs.

The Georgia House has passed a bill that would revamp governance of the Metropolitan Atlanta Rapid Transit Authority, privatize some services, and impose tighter restrictions on the issuance of bonds.

Federal Judge Thomas Bennett Friday entered several major orders that chisel away portions of the $1.63 billion class-action suit filed in Jefferson County, Ala.'s Chapter 9 bankruptcy case.

Alabama Gov. Robert Bentley has signed a bill setting up a plan to repay $438 million the state will borrow from the Alabama Trust Fund to prop up the state's general fund budget.

With sequestration looming, and the tax-exempt bond threatened, market experts at the National Municipal Bond Summit believe that alternative financing can be achieved with taxable bonds.

The tax exemption on municipal bond interest will not survive tax reform efforts in Washington, D.C., without a grass-roots effort from issuers, according to market experts at the fifth National Municipal Bond Summit.

Kentucky lawmakers are considering union-backed police and fire pension reform measures for the city of Lexington, as well as a bill addressing the state's $30 billion unfunded liability.

Florida's Santa Rosa Bay Bridge default makes it the largest issuer in default of its municipal bonds this year, according to Bank of America Merrill Lynch.

Moody's Investors Service Tuesday downgraded the city of Natchez, Miss.'s general obligation rating to A2 from A1 citing the city's limited cash and reserves.

Legislation in Kentucky that would cap the amount of debt Kentucky's by the state's general fund appropriations was approved by the Senate State and Local Government Committee last week.

The judge overseeing Jefferson County, Ala.'s bankruptcy case this week began hearings on a $1.63 billion class-action claim seeking to invalidate the county's sewer warrants.

Bankrupt Jefferson County, Ala., reached a settlement with Depfa Bank to reduce the interest rate on $162.5 million of variable-rate school warrants.

Florida's largest county, Miami-Dade, got a boost when Moody's revised the outlook on the county's credit to stable from negative.

A new deal to build the Atlanta Falcons a new $1 billion stadium is emerging since state lawmakers would not support it. The Atlanta Development Authority may issue bonds instead.

Historically low interest rates last year helped boost bond sales across the Southeast to $63 billion, an increase of 33% over 2011. The surge in debt was propelled by refundings.

Moody's and S&P last week dropped Ohio, Ky.'s $83.3 million of pollution control refunding revenue bonds for Big Rivers Electric Corp. below investment grade.

Gov. Nathan Deal on Monday announced that Georgia's net tax collections for January totaled $1.73 billion for an increase of nearly $164 million, or 10.4%.