Shelly Sigo

The Miami City Commission is expected to consider refinancing a two-year, $45 million note that is near maturity using Wells Fargo Bank NA as underwriter. The note currently is held by Wells Fargo.

The South Carolina State Infrastructure Bank picked up $67 million or 15.76% in savings from competitively refunding $425 million of revenue bonds Wednesday.

In a cross appeal brief this week, Jefferson County, Ala., argues that the bankruptcy judge erred when he allowed sewer warrant holders to be paid with the Chapter 9 case pending.

The Florida Hurricane Catastrophe Fund plans to pursue pre-event funding during the coming months, most likely in the municipal bond market.

Fitch dropped the outlook on Forrest County General Hospital, Miss. to negative while affirming its A rating.

The Metropolitan Atlanta Rapid Transit Authority hired Keith T. Parker away from the VIA transit agency in San Antonio to be its new general manager and CEO.

Fitch Ratings upgraded to AA-plus about $93 million of utility system revenue bonds of the Tohopekaliga Water Authority, Fla.

Birmingham, Ala., voters overwhelmingly approved ballot measures authorizing $150 million of general obligation bonds.

BRADENTON, Fla. — Jefferson County, Ala., said Monday that the Internal Revenue Service is examining $82.5 million of outstanding lease revenue warrants issued in 2006.

Moody's Investors Service said Monday that a rate hike on insurance premiums for customers of Florida's Citizens Property Insurance Corp. is credit positive. Citizens has about $5.4 billion of municipal debt outstanding.

Voters across Florida face 11 constitutional amendments next month, and two of them could significantly impact revenues for state and local government budgets.

Standard & Poor's lowered its underlying rating on Woodstock, Ga.'s general obligation bonds three notches to A-minus.

Broward County, Fla., hired former Beverly Hills CFO Scott G. Miller as its new chief financial officer.

Gov. Robert Bentley said Alabama would not create a health insurance exchange plan under the federal Affordable Care Act.

The 11th Circuit Court of Appeals has yet to rule on a number of pending motions in Jefferson County, Ala.'s Chapter 9 bankruptcy.

After 32 years in public finance, industry veteran Dick Montalbano will retire from RBC. The Florida-based banker is the "consummate" professional, those who know him say.

Alabama's Birmingham-Jefferson Civic Center Authority has seen its bonds upgraded to investment grade after S&P determined that revenues are not affected by Jefferson County's bankruptcy.

A proposed restructuring of lease revenue warrants sold by Jefferson County, Ala., in 2006 would not reduce principal or interest payments to investors, according to insurer Ambac Assurance Corp.

The Metropolitan Atlanta Rapid Transit Authority will consider a consultant's recommendations to increase revenues, including outsourcing, advertising on buses and trains, and new fees.

Bankrupt Jefferson County, Ala., told general obligation warrants holders Wednesday that it plans to default on the warrants until they are restructured in the county's Chapter 9 case.