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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.
By Shelly SigoDecember 22 -
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.
By Shelly SigoDecember 22 - Tennessee
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.
By Shelly SigoDecember 22 -
Moody’s Investors Service downgraded the Jewish Hospital & St. Mary’s HealthCare to Baa1 from A3 with a negative outlook Friday.
By Shelly SigoDecember 22 - Florida
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.
By Shelly SigoDecember 22 -
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.
By Shelly SigoDecember 22 -
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.
By Shelly SigoDecember 22 - Kentucky
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.
By Shelly SigoDecember 21 - Georgia
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.
By Shelly SigoDecember 20 - Alabama
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.
By Shelly SigoDecember 16 - Tennessee
BRADENTON, Fla. — Tennessee has instituted some of the strictest guidelines ever imposed for issuing municipal debt by establishing a model requiring that all issuers adopt debt-management policies by Jan. 1, 2012.
By Shelly SigoDecember 16 -
Tennessee Governor-elect Bill Haslam has selected Mark Emkes as commissioner of the Department of Finance and Administration, which oversees the state budget and health care program.
By Shelly SigoDecember 15 - North Carolina
Standard & Poor's revised its outlook to positive from stable on Orange County's AA general obligation credit rating Tuesday based on continuing improvement in the county's financial position.
By Shelly SigoDecember 15 - Florida
Moody's Investors Service downgraded Coral Gables' issuer rating to Aa1 from Aaa on Tuesday due to the city's historically narrow financial reserve position. Its total general fund balance as a percentage of operating revenues historically has been around 8% and "well below" the median for a Aaa-rated credit, said Moody's analyst John Nichols.
By Shelly SigoDecember 15 -
The Alabama Supreme Court ruled Tuesday that Jefferson County can continue to collect an occupational and business license tax while appealing a lower court decision that it's unconstitutional.
By Shelly SigoDecember 15 - Florida
Florida economists are now predicting a bigger budget shortfall than they projected just three months ago in a change that could translate into less bonding power for the state in fiscal 2012.
By Shelly SigoDecember 15 - Florida
The Tennessee State Funding Board is expected to approve a new model debt policy Wednesday establishing minimum requirements for all issuers selling debt, including state and local borrowers.
By Shelly SigoDecember 14 -
BRADENTON, Fla. — Cullman Regional Medical Center in Alabama, has had its ratings dropped to below investment grade by Fitch Ratings and Moody’s Investors Service about a year after refinancing all its bonds.
By Shelly SigoDecember 13 -
Hoping to tap the same investor momentum seen in a recent oversubscribed offering, Atlanta has accelerated plans to market a $505 million refunding for Hartsfield-Jackson International Airport that was expected to sell next year.
By Shelly SigoDecember 8 -
The nonprofit Atlanta BeltLine Partnership has created an organization called the Atlanta Land Trust Collaborative to protect neighborhoods at risk of displacement as the city's massive BeltLine project proceeds. The ALTC will be led by executive director Anthony Pickett, the partnership announced Monday.
By Shelly SigoDecember 8



