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A forensic inquiry into Jacksonville, Fla.s Police and Fire Pension Fund says poor management and the lack of transparency by the funds board are among reasons for at least $370 million in losses.
By Shelly SigoOctober 30 -
U.S. Bankruptcy Judge Alan C. Stout scheduled a hearing for Dec. 9 to decide if Hillview, Ky. is qualified to continue through the bankruptcy process.
By Shelly SigoOctober 30 -
Broward County, Fla., expects to issue $488.9 million of revenue bonds for its $2.4 billion capital program at the Fort Lauderdale airport amid a boom in passenger traffic and capital construction at major airports in the Southeast.
By Shelly SigoOctober 28 -
The Seminole Tribe sued the state of Florida just days before expiration of an exclusive agreement allowing the tribe to offer lucrative card games at its casinos.
By Shelly SigoOctober 27 -
Voters in Louisiana rejected a plan to boost transportation funding at the expense of the state's rainy day fund.
By Shelly SigoOctober 26 - Tennessee
Tennessee plans to price $416.3 million of top-rated general obligation bonds Tuesday, to get the deal done before the upcoming Fed meeting.
By Shelly SigoOctober 23 - Kentucky
KentuckyWired, the states novel Internet project, won the Excellence in Development Finance Project Award from the Council of Development Finance Agencies.
By Shelly SigoOctober 23 - Louisiana
A settlement between New Orleans and its firefighters union resolving pension and wage disputes is credit positive for the city, though it will stress city finances, Moodys said.
By Shelly SigoOctober 22 - North Carolina
North Carolina Gov. Pat McCrory signed House Bill 943 into law setting March 15 as the date voters will decide whether the state can issue $2 billion of bonds for public improvements.
By Shelly SigoOctober 22 -
Voters in Louisiana Saturday select a new governor and decide on a constitutional amendment to fund new transportation projects that opponents say could hurt the states credit ratings.
By Shelly SigoOctober 21 - Florida
Palm Beach County, Fla., will issue up to $133 million of revenue bonds to help finance a new spring training stadium for the Houston Astros and Washington Nationals.
By Shelly SigoOctober 20 -
South Carolinas Tuomey Healthcare System has negotiated a reduced settlement of $72.4 million with the Justice Department for filing 21,000 false Medicare claims.
By Shelly SigoOctober 20 -
The Florida Supreme Court affirmed the validation of $2 billion in clean energy bonds over challenges brought by banks and a former state legislator.
By Shelly SigoOctober 16 - West Virginia
West Virginias credit outlook has turned negative due to pressures from energy sector layoffs and the states rising unemployment rate, according to Moody's Investors Service.
By Shelly SigoOctober 15 -
Raymond James has hired Jack Dudick in the firms Healthcare Finance group in Chicago.
By Shelly SigoOctober 15 - Florida
Miami-Dade County is embarking on what its leader calls an innovative capital program focused on public-private partnerships that could surpass $7.85 billion.
By Shelly SigoOctober 14 -
An attorney for Jefferson County, Ala., has asked an appellate court to consider the analysis of a federal judge who dismissed the final appeal in Detroits bankruptcy case.
By Shelly SigoOctober 9 - South Carolina
As South Carolina recovers from severe storms and floods, state and local governments are positioned financially to weather the aftermath with minimal credit impact, said Moody's Investors Service.
By Shelly SigoOctober 8 -
The Florida Supreme Court overturned 60 years of case law and made it harder to challenge future bond validations.
By Shelly SigoOctober 7 -
Fitch Ratings upgraded to A from A-minus the ratings on a Florida Department of Transportation TIFIA loan that financed a rental car facility in Miami.
By Shelly SigoOctober 5











