Shelly Sigo

Miami-Dade County commissioners approved a four-year, flexible draw-down bond program up to $675 million, in a private placement with RBC Municipal Products LLC.

Federal bankruptcy judge Thomas Bennett approved the first debt restructuring in Jefferson County, Ala.'s bankruptcy case, for $82.5 million of Ambac-wrapped lease revenue warrants.

Some state attorneys general are hailing settlements with major tobacco companies resolving a dispute over payments, but Herbert J. Sims analyst Dick Larkin believes tobacco companies may be the big winners.

Wells Fargo filed a suit for breach of contract against three suburban Atlanta charter schools that are in default on $18.93 million of uninsured bonds.

In a ruling Wednesday, the federal judge overseeing Jefferson County, Ala.'s Chapter 9 case repeatedly blamed the state of Alabama for precipitating the county's bankruptcy filing in November 2011.

Tom Howard, Kentucky's executive director of financial management, is retiring Dec. 31 after 23 years of public service.

Tennessee's comptroller has found improper purchasing practices and other questionable activities at Nashville Electric Service, which is an enterprise of Nashville and Davidson County.

Bankrupt Jefferson County, Ala., is continuing to negotiate with creditors over the disposition of $3.14 billion of defaulted sewer debt.

Kentucky's tax reform commission is recommending 54 changes to the state tax code that would generate about $659 million of new revenue annually if fully implemented.

Moody's Investors Service said that Georgia Perimeter College faces more negative credit pressure because its accreditation has been placed on warning by the Southern Association of Colleges and Schools, or SACS.

Kentucky and Ohio are forming a bi-state management team to determine how to finance a new, $2.5 billion bridge over the Ohio River between Cincinnati and Covington, Ky.

Despite ongoing federal scrutiny related to past bond deals, Miami closed on the sale of $45 million of revenue bonds Thursday for an all-in, true-interest cost of 3.82%.

Hoping to entice buyers looking for reinvestments in January, the Orlando-Orange County Expressway Authority sells up to $500M of bonds Thursday after a successful November issuance.

Mountain State University in West Virginia has redeemed its outstanding tax-exempt debt as the private nonprofit institution winds down its operations.

Standard & Poor's revised its outlook to negative from stable on the Kentucky Economic Development Finance Authority's Louisville arena revenue bonds.

National Public Finance Guarantee Corp. asked the judge overseeing the Jefferson County bankruptcy to order an examination of the county's budget and financial condition.

Some 98 muni professionals received awards in Smith's 20th annual All-Star program at a luncheon in New York last week. They were chosen by nearly 3,000 institutional investors.

The Georgia World Congress Center Authority Monday approved a preliminary agreement with the Atlanta Falcons to build a nearly $1 billion stadium.

Georgia's $583 million general obligation bond deals should sell well Tuesday and Wednesday since there aren't a lot of triple, triple-A rated state GO bonds available in good block sizes, a muni trader said.

Jefferson County officials have proposed a restructuring plan for a small piece of the bankrupt county's municipal debt that financed a courthouse. It's not clear what if anything that means for the county's more than $3 billion in sewer debt.