Shelly Sigo

The Birmingham City Council Tuesday approved a resolution urging Jefferson County’s legislative delegation to reinstate an occupational tax or give the county limited home rule.

Jefferson County, Ala., said Wednesday that it will no longer make payments on its general obligation warrants.

BRADENTON, Fla. — The PFM Group has acquired Huntsville, Ala.-based Public FA Inc. as part of the firm's ongoing effort to expand in the Southeast and add new sectors to its coverage areas.

Alabama Gov. Robert Bentley is seeking transportation proposals that will be funded with the first round of financing from $600 million to $650 million of grant anticipation revenue vehicle bonds the state intends to sell.

BRADENTON, Fla. — Florida-based Raymond James Financial Inc. on Wednesday priced $250 million of corporate corporate notes as the third round of financing toward $930 million being paid to acquire Morgan Keegan & Co. and MK Holding Inc.

BRADENTON, Fla. — Miami officials have been told that civil charges may be brought against the city for failing to disclose serious budget problems in recent bond offerings.

The Florida Legislature's fiscal 2013 budget taps reserves of the state's 11 public universities to help balance the state budget — "a clear credit negative" for the schools, according to Moody's Investors Service.

Moody’s Investors Service on Monday downgraded to B3 from Ba3 the long-term rating assigned to Weirton Medical Center in West Virginia.

Eight creditors holding various claims related to Jefferson County, Ala.’s defaulted sewer debt filed notices late Monday saying that they want to appeal the county’s eligibility to file a Chapter 9 bankruptcy petition.

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority in central Florida is extending the call date on all or a portion of $185.8 million of term bonds at the request of Citi.

Municipalities are borrowing more money directly from banks that are competing to offer favorable rates and terms.

Given concerns about the economy, experts do not expect municipal bond volume to increase significantly this year following last year's slow pace of sales.

Jacksonville officials hope to net big savings next week when they price $557.5 million of refunding bonds.

The Clay County, Tenn., Gas Utility District has again extended and modified its tender offer.

Georgia’s net tax collections for February were $765 million, an increase of nearly $50 million, or 7%, compared to a year ago.

On the last day of the Florida Legislature’s annual session Friday, lawmakers gave Miami an exemption from paying property taxes on the four parking garages it financed for the Miami Marlins’ new baseball stadium.

Bond insurers came and went last week in the Bank of New York Mellon’s legal challenge in Jefferson County’s bankruptcy case.

BRADENTON, Fla. — The Florida Legislature ended its 60-day session late Friday after passing a $70 billion budget for fiscal 2013.

BRADENTON, Fla. — The Bank of New York Mellon will distribute the toll revenues of Florida’s Santa Rosa Bay Bridge Authority to holders of the agency's defaulted bonds later this month.

BRADENTON, Fla. — The 198-bed Citrus Memorial Hospital, near the west coast of Florida, sank further into non-investment-grade territory Wednesday when Moody's Investors Service downgraded its debt to Ba3 from Ba2.