Shelly Sigo

The Metropolitan Atlanta Rapid Transit Authority will consume its reserves by 2018, and that could derail plans to fund billions in capital needs over the next decade, according to Moody's Investors Service.

A Kentucky legislative task force is in the final stretch of considering major pension plan restructuring options and dealing with a $33 billion liability.

The Louisville and Southern Indiana Bridges Authority approved a development agreement governing the construction, financing, and long-term management of the Ohio River Bridges Project.

The $652 million harbor dredging project for the Port of Savannah, Ga. cleared a major hurdle when the U.S. Army Corps of Engineers signed the Record of Decision approving the project.

In a preliminary report on Florida’s debt capacity, the Division of Bond Finance said that the state’s outstanding debt decreased by $500 million in 2011 and $1.5 billion in 2012.

Jefferson County, Ala., commissioners decided to move forward with a plan that is expected to increase sewer system rates for the first time in at least four years.

Former Montgomery, Ala., bond dealer Bill Blount has been moved to a halfway house to transition toward the end of his federal pay-to-play felony sentence for his role in the sale of bankrupt Jefferson County’s defaulted sewer warrants.

As the Southeast's economy slowly begins to thaw, measures on the Nov. 6 ballot reflect both fiscal conservatism and pent-up demand for education and transportation needs.

Chesapeake, Va.'s triple-B rated toll bridge deal last Wednesday saw investors chasing yield and oversubscribing the $151 million deal by more than 12 times.

After weighing which financing was least likely to provoke a third investigation by the Securities and Exchange Commission, Miami chose a limited public offering to refinance a bank loan.

Uncertainty in the muni market is rising as Jefferson County, Ala., appeals a federal judge's decision upholding a portion of the bankruptcy code that has protected bondholders so far.

The Metropolitan Atlanta Rapid Transit Authority's new chief executive, Keith T. Parker, signed a five-year contract with a base salary of $320,000 a year.

Moody's Investors Service affirmed Florida's Aa1 implied general obligation bond rating, and said the state is unlikely to win a gilt-edged upgrade in the near future.

Miami-Dade County, Fla., this week prices the first of two deals that will bring nearly $1.5 billion of bonds to market within a month.

Some 113 of Florida's cities, counties, and special districts could be declared in a state of financial emergency, according to a recent assessment of fiscal 2011 audits.

Lehman Brothers Special Financing Inc. claims the trustee for Jefferson County, Ala.'s $3.2 billion of defaulted sewer warrants is improperly withholding its swap payments.

PortMiami's "Deep Dredge" harbor project will be mostly financed with bonds to ready the port for the Panama Canal expansion in early 2015. Miami-Dade County will pick up the federal costs to get the project done.

The West Virginia Legislature is considering pension reform measures as a way of dealing with a $5.6 billion liability.

Moody's Investors Service downgraded Perry County, Ky.'s general obligation bond rating to Baa2 from A3 noting dependence on volatile coal severance taxes.

A lawsuit was filed contending that public school districts in Georgia improperly used taxpayers' money to finance a campaign against a charter school ballot measure.