Shelly Sigo

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.

The Florida Development Finance Corp. postponed a June 10 meeting that was scheduled to consider the bond resolution for All Aboard Florida’s $1.75 billion of private activity bonds.

The North Carolina Eastern Municipal Power Agency received the Local Government Commission’s authorization Wednesday to issue $550 million of new taxable bonds for its asset sale to Duke.

Miami-Dade County hired Kroll Bond Rating Agency, believing its analysis can help attract investors to next week's $534 million bond issue for Miami International Airport.

As Louisiana’s regular legislative session winds down, lawmakers have given little attention to a bill that would allow the state to sell $875 million of tobacco revenue bonds.

The Florida Development Finance Corp. will meet June 10 to consider All Aboard Florida’s $1.75 billion bond resolution, though project opponents have questioned if the meeting would be legal.