Shelly Sigo

Merrett Stierheim, a former south Florida public administrator, will determine if Opa-locka is solvent for the state-appointed panel overseeing the city’s finances.

Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.

Petersburg, Va., and Opa-locka, Fla., turned to their respective states for help resolving serious financial problems and both are getting professional help, although no state funding.

A CDC warning advising pregnant women against traveling to a south Florida neighborhood because of Zika is a negative credit factor for both Miami and Miami-Dade County, said Moody's Investors Service.

Vanderbilt University in Nashville, Tenn.’s bond outlook is positive and could lead to a rating upgrade because of its financial separation from Vanderbilt Medical Center, S&P Global Ratings said.

Butler Snow LLP has hired attorneys Steve Edds and Sue Hicks Fairbank to work in the firm’s public finance office in Richland, Mississippi.

Jacksonville, Florida, is asking voters for a half-cent sales tax to help pay down nearly $3 billion in pension liabilities, but a recent lawsuit threatens to derail the referendum.

Miami-Dade County will price $365 million of tax exempt non-AMT refunding bonds and $377 million of taxable bonds on Wednesday.

The small Florida city of Opa-locka is on the verge of bankruptcy, according to the head of a state-appointed oversight board.

North Carolina's $87.6 billion state pension fund reported a gain of 1.77% in the second quarter, but only 0.8% over the past year, state Treasurer Janet Cowell said Thursday.

Alabama Gov. Robert Bentley released a video Wednesday appealing for voters to support a state lottery to pay for essential government services he said were not fully funded in the upcoming budget. He plans to ask lawmakers to put a lottery on the ballot in a special session he will call soon.

Leon County, Fla., home of the state capital in Tallahassee, will offer a new countywide residential and commercial PACE programs after years of planning and legal setbacks.

A small Kentucky municipality’s bond rating is sinking under the weight of a city-owned water park.

The NBA blamed a law passed by North Carolina seen as discriminatory toward the LGBTQ community for its decision to yank the 2017 All-Star Game out of Charlotte.

The Federal Housing Administration said it will begin insuring mortgages on certain properties that include PACE assessments if the obligation is treated like a property tax and it does not have priority status over the FHA mortgage lien.

Kentucky plans to issue $100 million of bonds to support a workforce development training initiative seen as critical to better prepare people for jobs that match the needs of employers in the state.

West Virginia has passed a law giving the governor the power to pay debt service if a budget has not been enacted on time.

Mississippi absorbed a downgrade from Fitch Ratings, which cited weaker-than-expected .performance and criteria changes in lowering its issuer default and general obligation ratings one notch to AA.

North Carolina Gov. Pat McCrory signed the 2017 budget bill into law, increasing the general fund by 2.8% to give teachers raises, cut state income taxes, and bring reserves to an all-time high.

Miami Beach will begin preliminary negotiations with a group led by France-based Alstom to build a modern light rail streetcar estimated to cost $400 million in its famed South Beach district.