Shelly Sigo

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.

The 11th Circuit Court of Appeals delayed oral arguments in Jefferson County, Ala.'s bankruptcy appeal until November, and now plans to hear the case in Montgomery, instead of Atlanta.

Lawsuits by two Florida counties challenging the $1.75 billion private activity bond award for the All Aboard Florida passenger train project can proceed, after a federal judge ruled in the counties' favor.

Georgia's chief financial officer Teresa MacCartney has received the Gloria Timmer Award from the National Association of Budget Officers during the organization’s annual meeting.

The Louisiana State Bond Commission and the Joint Legislative Budget Committee meet separately Thursday to consider issuing $500 million of notes for cash flow and working capital in the general fund.

The receiver for bond-financed apartments owned by Global Ministries Foundation in Tennessee has disclosed in court filings that the Securities and Exchange Commission is conducting an investigation.