Florida

The Federal Aviation Administration has delayed closing 149 air traffic control towers until June 15, including 14 in Florida — the largest number of facilities affected in one state.

The Florida Department of Transportation has extended the time for firms interested in the $2.1 billion managed-lanes project on Interstate 4 through Orlando to submit their qualifications.

The Florida Hurricane Catastrophe Fund expects to return to the municipal bond market next week to sell $2 billion of high-grade taxable bonds.

General aviation airport officials in Florida and across the country will discuss the implications of tower closings Tuesday in a conference call with the Federal Aviation Administration

The Internal Revenue Service is auditing two separate series of hospital revenue bonds totaling $142.2 million that were issued by the Highlands County, Fla., Health Facilities Authority in 2005 and 2007 and then redeemed.

The Internal Revenue Service's own appraisal valuations show the Village Center Community Development District in Florida did not overpay when purchasing four pieces of property with bond proceeds, according to the CDD's lawyer.

Standard & Poor's Monday revised the outlook to stable from negative on Osceola County, Fla.'s general obligation bonds.

Florida's Santa Rosa Bay Bridge Authority has scheduled a meeting April 10 but a resolution to the agency's ongoing default on $131.2 million of bonds is not expected to be on the agenda.

The Florida Senate's Gaming Committee on Monday unanimously passed a bill that bans Internet cafes by clarifying current gaming laws concerning slot machines, charitable drawings, game promotions, and amusement games. A similar measure is being considered in the House.

The Florida Cabinet Tuesday authorized the issuance of up to $490 million of turnpike refunding bonds to lower interest rates within existing maturities.

Vero Beach, Fla., voters want the city's electric system sold to investor-owned FPL, but the deal faces regulatory reviews and the city must resolve its bond-related obligations to the Florida Municipal Power Agency.

Florida Lt. Gov. Jennifer Carroll resigned amid a sweeping multi-state investigation into alleged illegal Internet café gambling operations by Allied Veterans of the World.

Florida is seeking qualified firms interested in a public-private partnership to build a $2.1B managed-lanes project on Interstate 4 through Orange and Seminole counties.

Standard & Poor's junked 10 performing Florida community development district bonds because of debt service reserves linked to surety bonds from downgraded National Public Finance Guaranty.

While Florida is facing a budget surplus for the first time in six years, Gov. Rick Scott said lawmakers should continue to focus on economic growth and job creation.

While big destination casinos have lobbied Florida lawmakers heavily to expand gambling options, legislators want an academic study detailing the state's gaming market.

San Diego-based Common Bond Capital Partners has acquired its first distressed land-secured municipal bond project in Florida.

Lori Smith-Lalla has joined Greenberg Traurig’s public finance practice in Fort Lauderdale and will focus on city, county and local government finance.

Florida's Santa Rosa Bay Bridge default makes it the largest issuer in default of its municipal bonds this year, according to Bank of America Merrill Lynch.

Florida's largest county, Miami-Dade, got a boost when Moody's revised the outlook on the county's credit to stable from negative.