Shelly Sigo

Louisiana issuers should take advantage of the SEC's initiative to self-report continuing disclosure lapses, the State Bond Commission urged Thursday.

Kentucky Gov. Steve Beshear will dip into the state's rainy day fund to help reduce the fiscal 2014 budget and fill a $91 million general fund deficit.

Birmingham, Ala. city councilor Sheila Tyson, saying her constituents can't afford Jefferson County's post-bankruptcy debt, is trying to boost public support for an appeal, as hearings commence.

Atlanta reached its latest federal consent decree milestone by completing two major wastewater infrastructure improvements under budget by $50 million.

Georgia ended fiscal 2014 with $17.9 billion in revenue collections, an increase of 5.2% compared to the previous year, Gov. Nathan Deal said July 14.

Tennessee plans to price $210 million of new and refunding GO bonds Wednesday in the gilt-edged state's first foray into the market in two years.

Fitch raised its ratings on Tampa, Fla.'s water and sewer revenue bonds to AAA from AA-plus noting the system’s "very strong financial performance."

Florida has hired legal counsel to sue the bankrupt Digital Domain over $20 million in state incentive funding.

Virginia ended fiscal 2014 with a general fund with a shortfall of $438.5 million, according to preliminary revenue collection figures.

A federal judge agreed to reopen a Department of Justice housing discrimination suit against the Louisiana State Bond Commission.

Atlanta plans to ask voters to help fund a portion of a $1 billion infrastructure backlog without raising taxes.

North Carolina Gov. Pat McCrory signed a bill authorizing $376 million of bond-financed improvements at six University of North Carolina institutions.

Moody's dropped Alabama State University's $230 million of outstanding bonds three notches to junk citing an inability to cover debt service among the reasons.

Opponents of the Atlanta Braves' $672 million stadium in Cobb County intervened in the proceeding to validate $397 million of bonds for the new Major League Baseball facility.

Standard & Poor's affirmed its A-plus ratings on Charlotte, N.C.'s $838 million in airport revenue bonds issued for Charlotte Douglas International Airport.

Louisiana Treasurer John Kennedy claims the state repaid a loan from future collections, and that kind of budgeting is similar to “kiting” checks” if it becomes a practice.

Central and west Florida expressway authorities are set to expand after Gov. Rick Scott signed two bills into law. One creates a new Central Florida Expressway Authority replacing the Orlando-Orange County Expressway Authority.

Fayetteville, N.C., Public Works Commission general manager Steven Blanchard has received a top achievement award from the American Public Power Association.

Moody's cut Hampton County School District No. 2, S.C.'s GO bond ratings six notches to Ba3 from A3 due to the small district's deficit fund balance.

For the first time in many years, the Sewerage and Water Board of New Orleans returned to the bond market to issue $262.5 million of combined refunding and revenue bonds.