Shelly Sigo

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.

Tampa General Hospital in west-central Florida has been upgraded to A from A-minus by Fitch Ratings due to a "significant strengthening of liquidity metrics."

This month's $18.7 billion agreement with BP p.l.c. positions struggling Gulf coast states to receive financial relief, though the years-long payout won't provide immediate respite for some.

The Central Florida Expressway Authority has appointed Lisa Lumbard as the agency's permanent chief financial officer.

“Very strong” fiscal management through the recession won Stafford County, Va., a coveted general obligation bond rating upgrade to triple-A from Standard & Poor's.

Virginia ended fiscal 2015 with its largest-ever year-end surplus, according to Gov. Terry McAuliffe.

Less than two weeks into the 2016 fiscal year, Louisiana Gov. Bobby Jindal has ordered budget reductions and a hiring freeze.

Conditions in Jefferson County, Ala. are improving after its bankruptcy exit and the county is preparing for its first municipal bond market appearance since its 2013 exit from bankruptcy, said County Commission President Jimmie Stephens.

North Carolina joined several states this week entering extended legislative sessions to finish work on budgets for fiscal 2016, which began July 1.

Mary A. Packer, president of PK Securities in Boca Raton, Fla., died May 25 at the age of 63.

Steps to reform Jacksonville, Fla.'s public safety pension plans are a credit positive, Moody's Investors Service said in a special comment June 29.