Shelly Sigo

A Virginia judge approved a mediated deal June 22 that will keep Virginia's Briar College open for another year and release endowment funds.

Florida Gov. Rick Scott quietly signed a $78.2 billion budget into law Tuesday, the third straight fiscal year of record spending for the Sunshine state.

The Florida Legislature ended a special session June 19 after adopting a $78.7 billion record budget for fiscal 2016 that is now being challenged in court by environmentalists.

Jacksonville, Fla., reached a deal with the Police and Fire Pension Fund trustees Friday to overhaul benefits and contribute catch-up payments to address a $1.7 billion unfunded liability.

Louisiana Citizens Property Insurance Corp.’s bonds got a two notch upgrade to A1 from Moody’s Investors Service ahead of a planned $350 million refunding.

Standard & Poor's lowered the bond ratings of Virginia’s Sweet Briar College further into junk territory June 18 due to the legal efforts to keep the institution open.

Two days after a rating downgrade of a Kentucky agency’s bonds partly because of unfunded pensions, Gov. Steve Beshear ordered a study into the solvency of the Kentucky Teachers’ Retirement System.

Investors in the financing that enabled Jefferson County to exit bankruptcy should not have the “rug pulled out from under them,” the county’s attorneys argued to the 11th Circuit Court of Appeals.

North Carolina reached agreement with conservation groups June 15 that will allow the state to replace the 50-year-old deteriorating Bonner Bridge.

The Florida Legislature plans to complete a special session Friday with a final vote on a budget for fiscal 2016 with no Medicaid expansion, avoiding a state government shutdown.

Louisiana lawmakers struck a deal with Gov. Bobby Jindal late Thursday that paved the way for a $24.4 billion state budget to be approved.

Georgia secured financing rates as low as 1.21% on a multi-faceted competitive GO bond offering Tuesday.

Many utilities in Florida’s exhibit strong financial performance though funding challenges lie ahead in replacing aged infrastructure and dealing with climate change, according to Fitch Ratings.

A federal judge denied requests by two Florida counties seeking to block the issuance of $1.75 billion in private activity bonds for a private passenger train project.

The South Florida Water Management District is preparing to issue the largest certificate of participation deal this year to refund $470 million in COPs sold in 2006 to buy land that protects the famed Everglades.

Atlanta-based Asset Preservation Advisors recommends that investors remain “highly selective” when purchasing Kentucky’s bonds due to the state’s high pension liability.

The Virginia Supreme Court is ordering a lower court to take another look at legal efforts to prevent the financially troubled Sweet Briar College from closing.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

Alabama Gov. Robert Bentley vetoed the state’s fiscal 2016 general fund budget after warning the GOP-led Legislature that the plan cut too deeply into essential government services.

The state of Georgia plans to price $1.3 billion of triple-A general obligation bonds on Tuesday, while Atlanta prices a $252 million GO offering on Wednesday.