Shelly Sigo

BRADENTON, Fla. — The Tennessee State Funding Board is revising its debt-management policies in addition to requiring that all local governments adopt their own such policies by the end of this year.

BRADENTON, Fla. - South Miami, has reached a closing agreement and settlement with the Internal Revenue Service over impermissible uses of tax-exempt bond and bank loan proceeds to build a parking garage.

BRADENTON, Fla. - A stalled beltway project near Jacksonville in northeast Florida will get a partial kick-start with the construction of a bond-financed segment, state officials announced Wednesday.

Kentucky’s general fund receipts for July, the first month of fiscal 2012, were $693.2 million, a 6.9% rise from last July, budget director Mary Lassiter said.

A ruling by the 11th U.S. Circuit Court of Appeals in June handing Georgia a victory over drinking water withdrawal rights from tributaries in the Atlanta area may be in jeopardy. Alabama and Florida last week asked the appellate court to reconsider its ruling in the so-called water war between the states that has gone on well over a decade.

In July, the first month of fiscal 2012, triple-A rated Georgia saw net tax collections of $1.2 billion, an increase of 7.3% over the same month a year ago. Officials saw increases in many tax categories.

Miami City Manager Johnny Martinez Monday declared a financial urgency to open new talks on collective bargaining agreements with four unions covering police, fire fighters and city workers.

Birmingham voters go to the polls next Tuesday to decide among six candidates who will be the next mayor of Alabama’s biggest city. Mayor William Bell, who won the office in January 2010, is seeking reelection.

Brighton notified the bond market Tuesday that it failed to comply with continuing disclosure requirements regarding the filing of financial reports.

BRADENTON, Fla.— Standard & Poor's has lowered to AA-plus from AAA the issuer credit rating of the South Florida Water Management District, citing recent legislative changes that "significantly reduced the district's financial flexibility."

BRADENTON, Fla. — Jefferson County, Ala., commissioners decided Friday to take another 30 days to negotiate a settlement with creditors to restructure $3.14 billion of troubled sewer warrants.

BRADENTON, Fla. - The small city of Brighton, Ala., has defaulted on general obligation warrants it issued in 2003.

BRADENTON, Fla. - Jefferson County, Ala., commissioners may decide Friday whether to file for bankruptcy if creditors holding $3.14 billion of troubled sewer debt do not agree to accept the county's final offer to restructure the debt.

Mississippi Lieut. Gov. Phil Bryant last week bested four candidates vying for the Republican nomination for governor this fall.

Florida plans to advance $3 billion of transportation projects, according to Transportation Secretary Ananth Prasad.

Miami-Dade Mayor Carlos Gimenez, who was elected recently following the ouster of the previous mayor in a recall vote, has named a number of senior managers, including a former First Southwest Co. executive.

BRADENTON, Fla. - Credit pressures are on the rise for some of Florida's 67 school districts as effects of the recession linger, according to a report by Fitch Ratings.

BRADENTON, Fla. - The federal judge presiding over a Securities and Exchange Commission civil suit permanently enjoined former Jefferson County, Ala., commission president Larry Langford from violating securities laws in the future.

BRADENTON, Fla. - The 11th Circuit Court of Appeals in Atlanta Friday affirmed the conviction of Larry Langford, one-time president of the Jefferson County Commission and former mayor of Birmingham.

BRADENTON, Fla. - Jefferson County, Ala., commissioners last week sent a new settlement offer to creditors holding $3.14 billion of defaulted variable- and auction-rate sewer warrants.