Shelly Sigo

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.

Louisiana State University is bringing its first financing for a $575 million housing and retail privatization, a move that triggered downgrades of the university's outstanding bonds.

The Florida Municipal Power Agency named Peabody Energy Corp. executive Jacob A. Williams, a veteran of the private utility sector, to be its new general manager.

Jacksonville voters agreed to keep a local half-cent sales tax for 30 years to help pay down nearly $3 billion in city pension obligations amid a lawsuit challenging Tuesday’s referendum.

The Florida Legislature’s incoming senate president will sponsor a $2.4 billion environmental program that would be financed with $1.2 billion of state bonds to build reservoirs that would store polluted water.

A Florida panel overseeing Opa-locka’s finances learned that the city is in default on $8.6 million in privately placed bank loans and acceleration of the debt is imminent.

Federal aid will alleviate financial challenges for southern Louisiana parishes affected by this month’s flooding, but the disaster remains a credit negative for the state and local governments, Moody's Investors Service said/

Tennessee said it received a combined interest rate of 2.16% on the recent sale of $366 million of general obligation bonds – the lowest rate in state history.

Virginia may take money from budgeted salaries and $378 million from reserves, said Gov. Terry McAuliffe, to tackle a portion of the $1.48 billion budget shortfall projected in fiscal years 2016 to 2018.

Jackson, Miss.’s water and sewer revenue bonds were downgraded four notches by S&P Global Ratings partly due to the lack of initiatives to improve revenues.

South Florida can expect Zika-related travel advisories to hurt tourism and related tax revenues, S&P Global Ratings said. The only question is by how much.

Southeast issuers sold $37.63 billion of municipal bonds in the first half of 2016, a decline of 10.9% from the same period last year, even as new money deals increased.

Kentucky received an abundance of local proposals for its $100 million bond-financed work-training initiative.

Kutak Rock LLP has hired veteran bond attorney Thomas P. Lauth to join the firm’s public finance practice in Atlanta.

Cash-strapped Louisiana faces huge expenses as a result of the three days of torrential rains that flooded the southern part of the state, state budget chief Jay Dardenne told a legislative panel Thursday.

Jackson, Miss.'s general obligation, water and sewer, and special obligation bonds were all cut several notches by Moody's Investors Service, which cited multiple years of structural budget imbalance.