Shelly Sigo

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.

Florida expects to defease $675.9 million of bonds that paid for hurricane losses around July 11, according to a market notice.

Moody's downgraded the ratings of King's Daughters Medical Center, Ky., to A3 from A2, with a continued negative outlook, partly because of a $41 million Department of Justice settlement.

New laws in Tennessee laws prohibit state aid to fiscally distressed local governments and tighten requirements for local governments that use balloon or backloaded debt.

The double-A rated University of Kentucky competitively prices $100 million of refunding bonds on Thursday.

The Louisiana Bond Commission gave final approval to defeasing $210 million of general obligation bonds to provide the state with cash flow relief in fiscal 2015.

Standard & Poor's downgraded Petersburg, Va.'s general obligation rating four notches to BBB from A-plus citing weak budgetary flexibility and liquidity.

The Louisiana State Bond Commission plans to hire disclosure counsel to assist in determining if the state complied with continuing disclosure requirements as it weighs the SEC's MCDC initiative.

Lake Worth, Fla., has scheduled a referendum during the Aug. 26 state primary asking voters to approve $60 million in bonds for infrastructure projects.

The North Carolina General Assembly passed a bill clarifying that a regional commission should operate Charlotte Douglas International Airport.

Miami-Dade County plans to restructure three swaps associated with 1996 and 1997 bonds that have paid off with positive cash flow since being negotiated.