Shelly Sigo

A group of Jefferson County, Ala., taxpayers have cross appealed a judge’s recent ruling in hopes of further blocking the county’s plan to issue refunding warrants.

The U.S. Department of Transportation gave All Aboard Florida another year to issue $1.75 billion of private activity bonds for its $3.5 billion passenger train project.

Louisiana faces a budget deficit of $2.65 billion in fiscal 2016 and 2017 that Gov.-elect John Bel Edwards and Administration Commissioner Jay Dardenne have vowed to fix.

Jefferson County, Ala., has appealed a judge’s ruling that struck down a state law to allow the county to issue debt; a group of challengers has also pledged to appeal.

Georgia State University teamed up with Atlanta-based Carter & Associates LLC to negotiate the purchase of Turner Field for a multi-use redevelopment project including a football stadium.

Kentucky legislators are expected to focus on keeping promises to the state’s retirees as they manage massive pension burdens and attempt to protect the state's credit ratings next year.

Standard & Poor's dropped Georgia's Oconee Regional Medical Center further into junk territory citing default as a "virtual certainty."

A decision by the Kentucky Supreme Court to not review a lower court decision allowing library districts to assess property taxes is a credit positive, said Moody's Investors Service.

Virginia Gov. Terry McAuliffe proposed a two-year budget for fiscal years 2017 and 2018 that includes a total of $2.84 billion in bond financing.

Louisiana will use a short-term borrowing strategy to avoid disclosure requirements that would be challenging in the midst of a gubernatorial transition.

All Aboard Florida says it remains on track to offer private passenger train service in 2017 even though it was unable to issue $1.75 billion of private activity bonds amid turmoil in the high-yield market.

The credit outlook on Paducah Power, Ky., returned to stable from negative after implementing a recovery plan and stronger performance at the Prairie State Energy Campus, Fitch Ratings said.

An Alabama court struck down a state law that would have allowed Jefferson County to return to the bond market.

U.S. Bankruptcy Judge Alan C. Stout likely will determine in January if Hillview should be the first municipality in Kentucky to qualify for Chapter 9 bankruptcy.

The way Louisiana addressed a $487 million mid-year deficit with one-time budget cuts exacerbates credit pressures facing the state, Moody's Investors Service said.

Georgia expects to save $421 million reconstructing a critical intersection in Atlanta by entering into a public-private partnership with North Perimeter Contractors.

Virginia Gov. Terry McAuliffe said he will include $2.43 billion of bonds in his budget proposal for fiscal 2017 to finance capital projects.

Florida legislators will consider another record state budget, $1 billion in proposed tax cuts, and a new tribal gambling compact as they gear up for an early session starting Jan. 12.

Moody's Investors Service upgraded three of Jefferson County, Ala.’s credits three notches to investment grade citing improved financials and the expanding local economy.

Recent actions by Louisiana lawmakers to close a nearly $500 million budget deficit, amid uncertainties that may lead the state to privately place its next borrowing, could to pressure on the state’s credit ratings, according to Fitch Ratings.