Shelly Sigo

BRADENTON, Fla. — Moody’s Investors Service downgraded Fulton County, Ga.’s water and sewer revenue bonds to Aa3 from Aa2 , citing the system’s weakened financial position and narrowed debt-service coverage.

BRADENTON, Fla. — Based on current revenue projections and existing borrowing plans, Florida does not have capacity to issue debt for new programs for the next two fiscal years and stay within its self-imposed debt cap.

Tennessee tax collections exceeded budgeted estimates in November — the third month this fiscal year that all tax collections have been better than estimates, with state sales taxes showing growth.

Significant changes to Florida's government structure and budget cuts being proposed by advisory teams assembled by incoming Republican Gov. Rick Scott are raising eyebrows.

The Alabama Medicaid Agency will receive a $55 million federal performance bonus for implementing methods to enroll low-income children in the health insurance program in fiscal 2010, Gov. Bob Riley announced Monday.

The Jefferson County Commission wants to end its investment advisory services contracts and appoint an in-house committee to do the work, according to the Birmingham News.

A firm associated with a former JPMorgan banker being pursued in a Securities and Exchange Commission civil case for alleged pay-to-play charges involving Jefferson County, Ala., was fired on Christmas Eve from a pension consulting job in Florida after Charles LeCroy's legal problems came to light.

Alabama federal Judge Keith Watkins accepted a settlement Monday ending a two-year-old lawsuit involving swaptions between the Alabama Public School and College Authority and JPMorgan.

BRADENTON, Fla. — Lewis Diaz, a bond attorney with Peck, Shaffer & Williams LLP, has been appointed to a three-year term on the finance and administration committee of the Northern Kentucky Area Development District.

BRADENTON, Fla. — Florida Attorney General Bill McCollum Wednesday announced a $25 million settlement with JPMorgan to resolve allegations that the investment bank improperly sold unregistered securities to the local government investment pool.

BRADENTON, Fla. — A New York Supreme Court judge late Tuesday rejected JPMorgan’s motion to dismiss two lawsuits brought earlier this year by Syncora Guarantee Inc. and Assured Guaranty.

BRADENTON, Fla. — The Southwest Florida Expressway Authority had the potential to issue hundreds of millions in bonds for a toll-road project that was once estimated to cost nearly $1 billion.

A preliminary audit appears to have found that Tennessee is “materially out of compliance” with regulations for federal stimulus funds that were supposed to be spent on weatherization improvements for low-income homeowners.

Moody’s Investors Service downgraded the Jewish Hospital & St. Mary’s HealthCare to Baa1 from A3 with a negative outlook Friday.

Growth in Florida’s population will give the state two new congressional seats and two electoral votes thanks to the census count earlier this year.

BRADENTON, Fla. — Florida Attorney General Bill McCollum Wednesday announced a $25 million settlement with JPMorgan to resolve allegations that the investment bank sold unregistered securities to the local government investment pool.

BRADENTON, Fla. — A New York Supreme Court judge late Tuesday rejected JPMorgan’s motion to dismiss two lawsuits brought earlier this year by Syncora Guarantee Inc. and Assured Guaranty.

Tax-exempt toll revenue bonds and public-private partnerships may be used to finance the $4.1 billion Louisville-Southern Indiana Ohio River Bridges Project.

For the second year in a row, Moody's Investors Service has downgraded DeKalb County, Ga.'s general obligation rating because of pressured financial operations and the near-term challenge of restoring the general fund balance to levels consistent with a higher rating level.

BRADENTON, Fla. — After struggling against Alabama Democrats much of his eight years in office, outgoing Republican Gov. Bob Riley finally won passage of bills strengthening ethics and curbing corruption among politicians in the state.