Florida

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.

Historically low interest rates last year helped boost bond sales across the Southeast to $63 billion, an increase of 33% over 2011. The surge in debt was propelled by refundings.

Raymond James Financial plans to drop Morgan Keegan from the name of its fixed income arm later this month.

St. Petersburg, Fla. has failed to break a years-long stalemate between the city and the Tampa Bay Rays over the team's quest to build a new Major League Baseball stadium.

Bond attorney Albert del Castillo has returned to the Miami office of Greenberg Traurig, where he began working in municipal finance.

Florida's new statewide PACE program has inked a deal for $500 million in funding through California-based Samas Capital LLC.

Standard & Poor's raised its long-term revenue bond rating on Florida's Seacoast Utility Authority to AA-minus from A-plus.

Florida has officially given the final approval for the $2.1 billion I-4 Ultimate Project in central Florida to move forward as the state’s largest public-private partnership.

Fitch Ratings downgraded nearly $2 billion of Miami-Dade County's outstanding water and sewer revenue bonds one notch to A-plus from AA-minus on Friday.

Gov. Rick Scott upped his spending and borrowing plans for 2014 proposing Florida's largest ever annual budget at $74.2 billion along with $730 million of bonds for transportation projects.

The Florida Department of Transportation is forging ahead with its biggest public-private partnership to date: a $2.1 billion managed-lanes venture dubbed the Interstate 4 Ultimate Project.