Shelly Sigo

The Alabama Legislature failed to reach agreement on a general fund budget for fiscal 2016, necessitating a second special session.

A taxpayer bill of rights passed by the North Carolina Senate Finance Committee could threaten the state’s coveted gilt-edged ratings, according to State Treasurer Janet Cowell, who said she opposes the newly surfaced legislation.

Continuing patient losses and a 2014 Department of Justice settlement factored into Moody's two-notch downgrade for King's Daughters Medical Center in Kentucky.

Louisiana dodged a rating downgrade ahead of an upcoming bond sale amid ongoing concern over the state budget's structural imbalance.

All Aboard Florida, the nation's first privately owned passenger rail, plans to quickly begin marketing $1.75 billion of private activity bonds after a key vote sealing the deal late Wednesday.

The Alabama Legislature and Gov. Robert Bentley remain far apart on an operating budget with less than a month to go before the new fiscal year begins.

Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.

Moody's Investors Service downgraded the University of West Alabama's bonds to A3 from A2 citing weak financial performance and declining enrollment.

The North Carolina Eastern Municipal Power Agency closed its $1.25 billion asset sale to Duke Energy Friday, while taking out $1.72 billion of outstanding bonds.

Numerous protestors plan to object to a Florida agency's approval of $1.75 billion of private activity bonds for a passenger train project.

Five Louisiana universities avoided rating downgrades by Standard & Poor's because the state bolstered their 2016 budgets instead of enacting new cuts.

An Alabama group wants to explain why it is suing to stop new revenue from flowing to cash-strapped Jefferson County, which emerged from bankruptcy 19 months ago.

The developer of the All Aboard Florida private passenger train system plans to quickly issue $1.75 billion of private activity bonds after approval of the deal.

Jefferson County, Ala., residents appealing the county’s bankruptcy settlement are challenging a state law designed to provide the cash-strapped county with new revenue for capital.

The Port Miami Tunnel project has received the National Council for Public-Private Partnerships 2015 Infrastructure Project Award.

Miami will consider a city-owned site next to Marlins Park for a Major League Soccer stadium sought by former soccer star David Beckham and his investors.

Tampa International Airport on Florida's west coast benefits from major financings this week and in August to support its largest capital plan in more than four decades.

Kentucky Gov. Steve Beshear Tuesday said the thawing economy enabled to state to deposit $82.5 million into the state budget reserve trust fund bringing its balance to $209.4 million.

A governor-appointed panel studying Kentucky's $14 billion unfunded teachers' pension liability must find a reasonable solution to the crisis, a top state official said Friday.

The Virginia Tobacco Settlement Financing Corp. must dip into reserves to make interest payments this year, bondholders were told July 16.