Shelly Sigo

BRADENTON, Fla. - Triple-A rated Georgia on Tuesday is set to competitively price nearly $1 billion of new-money and refunding bonds in its largest single-day sale ever.

BRADENTON, Fla. - Alabama Attorney General Luther Strange Wednesday filed a motion to intervene on behalf of Jefferson County's sewer ratepayers in the receivership case involving the county's sewer system.

BRADENTON, Fla. - South Miami is seeking a taxable bank loan to fund a settlement with the Internal Revenue Service over impermissible uses of tax-exempt bond and bank loan proceeds to build a parking garage.

BRADENTON, Fla. — The receiver appointed to take charge of the debt-laden sewer system in Jefferson County is recommending that rates be increased to counter a decline in the number of customers, maintain the system and pay outstanding debt.

Tennessee Comptroller Justin Wilson reminded local governments in a recent letter that they are required to draft and adopt their own debt-management policies by Dec. 31.

North Carolina Gov. Beverly Perdue on Sunday vetoed the $19.7 billion budget sent to her by the Republican-controlled Legislature.

A detailed analysis of cost-saving measures for the Louisville-Southern Indiana Ohio River Bridges Project says at least $1.2 billion could be trimmed off the previously estimated $4.1 billion price tag.

Kentucky plans to competitively sell $145.8 million of lease-revenue bonds Tuesday to complete work on a new state mental hospital. The deal precedes an estimated $362.3 million offering of lease-appropriation obligations.

BRADENTON, Fla. - Jefferson County ordered that plans to place nearly 1,000 employees on administrative leave without pay be prepared this week as the government struggles to stay solvent through the fiscal year end.

BRADENTON, Fla. - Virginia's gilt-edged Arlington County will sell $127 million of general obligation public improvement bonds beginning Monday using a three-day sale structure.

BRADENTON, Fla. — Georgia issuers are facing new credit pressures and calls for conservation because of a looming deadline to cut back on withdrawals from certain river basins and a federal reservoir that provide drinking water to the state’s growing population.

Standard & Poor’s has raised its rating to BBB-minus from BB on revenue bonds issued for Princeton Community Hospital.

Former Jefferson County commissioner Chris McNair on Monday reported to a federal prison in Illinois to begin a five-year sentence for corruption related to contracts for rebuilding the county’s sewer system, according to the Birmingham News.

BRADENTON, Fla. — Jefferson County commissioners Tuesday began making plans for placing nearly 1,000 workers on administrative leave without pay as they await legislative action to help solve the Alabama county’s ongoing financial crisis.

BRADENTON, Fla. — Jefferson County, Ala., said Friday that it has received letters from the Internal Revenue Service, which wants to examine $2.3 billion of sewer warrants issued in 2003.

BRADENTON, Fla. — The Birmingham, Ala., Water Works Board on Monday will take orders from retail investors for $133.9 million of senior revenue bonds.

BRADENTON, Fla. — The owners of the National Hockey League’s Atlanta Thrashers plan to sell the team to a group that will move them to Canada, leaving a void at the $213 million bond-financed Philips Arena.

BRADENTON, Fla. — Less than 30 days remain before an expected payment default on the bonds issued by the Santa Rosa Bay Bridge Authority to build the tolled 3.5-mile-long Garcon Point Bridge in northern Florida.

Fitch Ratings last week revised the Memphis-Shelby County Airport Authority’s outlook to negative ahead of a planned refunding.

Moody’s Investors Service said Monday that flooding in Mississippi could negatively affect municipalities dependent on gambling, a sector where revenues are already down because of the recession.