Shelly Sigo

The city of Miami will consider paying $1 million, as recommended by City Attorney Victoria Mendez, to settle a Securities and Exchange Commission’s lawsuit.

Charlotte, N.C., will buck a recent trend and keep embattled Wells Fargo Securities on its sale of up to $150 million of general obligation bonds, saying the investment bank has served the city well.

A Kentucky Supreme Court ruling that Gov. Matt Bevin does not have authority to withhold university funds is a credit negative, Moody's Investors Service said, because it will be harder to manage difficult budgets without help from lawmakers.

The judge assigned to Calvin Grigsby's federal discrimination lawsuit against the city of Shreveport, La., is considering whether to dismiss the complaint.

Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open.

Investment firms and public pension managers called for North Carolina to repeal a law seen as discriminatory to gay, bisexual, and transgender people, saying that it does not bode well for the triple-A rated state.

West Virginia has been downgraded for the second time in four months amid the ongoing decline in the coal industry that underpins the state’s economy, as Fitch Ratings lowered the state’s GOs to AA from AA-plus.

As the Louisiana and the 22 parishes impacted by August’s severe flooding continue to complete damage estimates, rating agency analysts say the credit impacts will vary depending on their fiscal health.

Miami officials will hold a special meeting with attorneys to determine whether to accept a settlement with the Securities and Exchange Commission in light of a verdict finding the city guilty of securities fraud.

Miami City Manager Daniel Alfonso said the city has received a proposed settlement of the Securities and Exchange Commission's case, in which a jury found the city guilty of securities fraud last week.

With passenger levels continuing to exceed expectations, the Greater Orlando Aviation Authority plans to issue $189.4 million of airport revenue bonds for its capital improvement and expansion plans at Orlando International Airport.

For the sixth time this year, the 11th Circuit Court of Appeals has postponed oral arguments in Jefferson County, Ala.’s bankruptcy appeal.

Gov. Matt Bevin said an analysis will be performed of Kentucky’s underfunded pension plans, including a solvency and liquidity analysis, and a “critical review” of past revenue and expenditures.

Opa-locka faces potentially expensive legal challenges that could push the already troubled small south Florida city closer to bankruptcy.

Cash-strapped Louisiana will borrow up to $400 million to bridge a mismatch between incoming bills and revenues, the State Bond Commission decided Thursday.

The Central Florida Expressway Authority plans a $425 million advance refunding spurred by continued low interest rates in the bond market and reduced negative arbitrage.

Amid a federal corruption probe, Opa-locka, Fla.'s former manager, David Chiverton pleaded guilty to taking pay-offs as a state financial oversight panel attempts to prevent the city from having to file for bankruptcy.

New Orleans’ general obligation bond ratings were raised to A-plus from A-minus by Fitch Ratings Monday ahead of a $50 million refunding.

New Orleans was buoyed by its first-ever bump into the double-A rating category as S&P Global Ratings boosted the city to AA-minus.

After four years of record spending, Florida’s economists believe the state budget is headed for structural imbalance due to tax cuts and rising program costs even though revenues are expected to continuing rising.