Alabama

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The state is taking qualifications from firms interested in building three facilities to house male inmates.

Alabama’s highest-ever education budget and Louisiana’s largest increase in a decade are both credit positive, Moody’s says.

Five companies responded to a request for “expressions of interest” in building three prisons amid federal scrutiny of conditions in the prison system.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.

Republican Gov. Kay Ivey signed the Rebuild Alabama Act into law, increasing state gas taxes for the first time in 26 years.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

The ruling ends the ratepayers’ appeal, although they intend to pursue adversary cases filed in the original Chapter 9 case, attorney Calvin Grigsby said.

The surge in gas deals couldn’t overcome the region’s sharp decline in refundings, which led to an overall 22.6% volume decline.

Ratepayers on the Jefferson County, Alabama, sewer system said the high court should decide if their appeal can proceed.

The president of the Jefferson County Commission was sentenced for taking bribes in exchange for sewer-bond and derivatives business.

With more than $3 billion of bond-financed stadium expansions recently completed or on the boards, college football programs are struggling to fill the seats.

A Jan. 22 hearing has been set at which time a judge may order Dwayne Edwards to disgorge $766,850 plus interest and pay civil penalties.

Todd Barker was one half of a duo the SEC said engaged in a $62 million fraudulent senior housing bond scheme.

Todd Barker appears prepared to have negotiated a monetary settlement with the SEC, while Dwayne Edwards plans to contest the SEC's motion in court.

Alabama-based Burr & Forman will gain McNair's significant public finance presence in South Carolina.

An appellate court denied a request to reconsider an August ruling that effectively ended a long-running appeal of the county's Chapter 9 case.