Shelly Sigo

The director of the Kentucky Retirement Systems says the state has built in a risk margin to avoid an adverse effect on liabilities.

The $450 million in bond-financed improvements are part of negotiations to extend the contract of the NFL's New Orleans Saints.

Judge John Cooper ruled that the bill to abolish the Miami-Dade County Expressway Authority unconstitutionally usurps the county's home rule authority.

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

The county contends that a state law dissolving the Miami-Dade County Expressway Authority violates its home rule authority.

The Louisiana State Bond Commission unlawfully banned two banks from underwriting bond deals because of their corporate gun policies, the lawsuit said.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

To avoid a fuel tax increase, settlement funds the state received to compensate for the 2010 Gulf oil rig explosion will back transportation projects.

The cash-strapped state’s public-private partnership will pay for a fixed-span bridge to replace an aging lift bridge and tunnel in Belle Chasse.

Officials with the private passenger train company said contractors have been hired to extend service from West Palm Beach to Orlando.

Motions were filed to dismiss the Berkeley County School lawsuit, which alleges its CFO and finance team schemed to defraud the district.

Five companies responded to a request for “expressions of interest” in building three prisons amid federal scrutiny of conditions in the prison system.

The Berkeley County School District said Hilltop Securities agreed to pay back fees the district paid to a predecessor firm from 2012 to 2014.

The funding and design-build contracts signed Thursday will advance the state’s largest-ever transportation project.

Westinghouse, the former contractor for the utility’s failed nuclear reactor project, filed a lawsuit to recover property it says the state-owned utility is withholding.

Virginia and Florida and other states are responding to complaints about using tolls to pay for costly road improvements.

The standalone grant anticipation revenue vehicle bond deal is the first of several tranches the state will issue over the next few years.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Private placements and direct bank loans allow more direct investor communication for issuers of all stripes, advocates say.

The Berkeley County School District said its financial advisors and bond counsel were involved a fraud scheme that sent its CFO to prison.