Shelly Sigo

The University System of Georgia is consolidating eight of the state's 35 colleges and universities in a move that may be replicated around the country as higher education institutions continue to deal with state budget cuts.

Virginia Gov. Bob McDonnell said two major energy initiatives that would bring new revenues to the state and create thousands of jobs are moving forward in separate federal approval processes.

Two Kentucky senators are co-sponsoring a bill that would ban tolls on existing Interstates, according to the Courier-Journal.

The Georgia Legislature is considering a $300 million infusion of additional gas tax funds to shore up funding to build the first phase of the West by Northwest traffic-congestion relief project around Atlanta.

Phil Allen, a veteran finance official in Florida and the director of Port Everglades, retired Feb. 3.

Jefferson County, Ala., said it has not used sewer system revenues for unauthorized expenses as alleged by the trustee for the county's $3.14 billion of defaulted sewer warrants.

BRADENTON, Fla. — The Bank of New York Mellon on Friday filed a complaint for declaratory judgment alleging that Jefferson County, Ala., has misused sewer system revenues that otherwise would go to pay debt service.

Florida's auditor general found increasing financial stress among cities, counties and special districts after reviewing hundreds of audits and financial statements filed in fiscal 2010.

BRADENTON, Fla. — Syncora Guarantee Inc. on Thursday joined a dozen creditors seeking to appeal various rulings by the federal judge in Alabama overseeing Jefferson County's bankruptcy case.

For a second year, Georgia is poised to eclipse Florida in authorizing new-money bonds in their state budgets.

North Carolina’s first female governor will not seek a second term.

Kentucky has begun the search for contractors interested in designing and building its portion of the Louisville-Southern Indiana Ohio River Bridges Project.

Voters in the small town of Fort Myers Beach on Florida’s southwest coast overwhelmingly rejected bonds for a new city hall Tuesday, with 87% voting against the sale of $7 million of 30-year general obligation bonds secured by property taxes.

Houston Astros owner James Crane won part of his request for federal bankruptcy Judge Thomas Bennett to limit Jefferson County, Ala.’s access to his lawsuit against JPMorgan.

BRADENTON, Fla. — A libertarian think tank is disputing the savings that might occur if two high-profile Florida expressway authorities are partially consolidated with the state-run Turnpike Enterprise.

JPMorgan and Houston Astros owner James Crane are fighting an Alabama bankruptcy judge's order to open Crane's confidential settlement with the bank over $35 million of Jefferson County's defaulted auction-rate sewer warrants.

Kentucky Gov. Steve Beshear is proposing to fund his state's half of the massive $2.6 billion Ohio River Bridges Project with federal funds and toll revenue bonds over the next six years.

BRADENTON, Fla. — Ballard Spahr LLP has added its first public finance attorney to the law firm's Atlanta office.

The West Virginia Legislature is considering a plan to ask voters to approve $1 billion of bonds for state road projects, according to the Charleston Daily Mail.

The Virginia Department of Transportation and the office of transportation public-private partnerships have released a request for information to develop a procurement strategy for the state’s five transportation operations centers.