Shelly Sigo

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.

Miami-Dade County voters will head back to the polls late this month to choose a run-off candidate for mayor. Eleven candidates sought the office in last week’s special election but none surpassed the 50% threshold required to win outright.

After years of delays, the $1.8 billion, 26-mile toll road known as the Wekiva Parkway is finally getting a jump-start.

BRADENTON, Fla. — Florida Gov. Rick Scott last week signed a $69.1 billion budget into law while vetoing a record $615 million for various projects, some of which would have been funded by bonds.

BRADENTON, Fla. — Lambuth University in Jackson, Tenn., has filed an audit that “raises substantial doubt about its ability to continue as a going concern.”

BRADENTON, Fla. — Jacksonville, Fla., this week sold the first in a series of three bond deals that could total as much as $435 million within a month, depending on market conditions.

The Tennessee General Assembly ended its regular session Saturday after passing a $30.8 billion budget for fiscal 2012.

Atlanta Mayor Kasim Reed last week tapped a former federal official to head up the city’s economic development agency.

Some of Florida’s local governments and special districts experienced deteriorating financial conditions in fiscal 2009 that have been exacerbated by a trend of adding long-term debt to their balance sheets, according an annual report released last week.

BRADENTON, Fla. — Georgia Gov. Nathan Deal Tuesday signed a $34.05 billion budget for fiscal 2012 into law.

BRADENTON, Fla. — Moody’s Investors Service Monday upgraded the Birmingham Water Works Board’s senior revenue bonds to Aa2 from Aa3 and its subordinate bonds to Aa3 from A1.