Florida

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority in central Florida is extending the call date on all or a portion of $185.8 million of term bonds at the request of Citi.

Jacksonville officials hope to net big savings next week when they price $557.5 million of refunding bonds.

On the last day of the Florida Legislature’s annual session Friday, lawmakers gave Miami an exemption from paying property taxes on the four parking garages it financed for the Miami Marlins’ new baseball stadium.

BRADENTON, Fla. — The Florida Legislature ended its 60-day session late Friday after passing a $70 billion budget for fiscal 2013.

BRADENTON, Fla. — The Bank of New York Mellon will distribute the toll revenues of Florida’s Santa Rosa Bay Bridge Authority to holders of the agency's defaulted bonds later this month.

BRADENTON, Fla. — The 198-bed Citrus Memorial Hospital, near the west coast of Florida, sank further into non-investment-grade territory Wednesday when Moody's Investors Service downgraded its debt to Ba3 from Ba2.

Fitch Ratings on Monday downgraded the Orlando Community Redevelopment Agency’s tax-increment financing revenue bonds to A from A-plus.

Citizens Property Insurance Corp.’s board of governors Monday voted unanimously to appoint Tom Grady as interim president.

BRADENTON, Fla. — Investors will see triple-A rated Broward County, Fla., in the market over four days next week pricing $462 million of new-money and refunding bonds.

The Florida PACE Funding Agency short-listed firms on Friday to negotiate for banking and administrative services.

St. Petersburg-based Raymond James Financial announced that it has cleared a significant procedural hurdle in its acquisition of Morgan Keegan & Co.

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority approved an agreement with the state Wednesday to move forward with one of Florida's most expensive toll roads: the nearly $2 billion Wekiva Parkway.

The Florida Hurricane Catastrophe Fund said Monday that it will release an invitation to negotiate to solicit proposals for financial advisory services.

BRADENTON, Fla. — The Florida Senate Budget Committee Wednesday unanimously approved a $70.7 billion budget for fiscal 2013 that sets the stage for controversy by transferring toll revenue from local agencies to the Florida Turnpike Enterprise, and placing restrictions on bond issuance for the foreseeable future.

Georgia is once again in the crosshairs of a water-rights dispute as neighboring Alabama and Florida filed appeals with the U.S. Supreme Court on Monday.

BRADENTON, Fla. — A bill moving swiftly through the Florida Senate could threaten the fiscal stability of the state's 67 public school districts and endanger funds that already secure bonds, according to school officials and some lawmakers.

Phil Allen, a veteran finance official in Florida and the director of Port Everglades, retired Feb. 3.

Florida's auditor general found increasing financial stress among cities, counties and special districts after reviewing hundreds of audits and financial statements filed in fiscal 2010.

WASHINGTON — The Internal Revenue Service is auditing $31.59 million of Series 2004A first mortgage revenue bonds that were issued by the St. Johns County Industrial Development Authority in August 2004 to help Presbyterian Retirement Communities Inc. and its affiliates finance improvements to eight retirement centers in Florida.

For a second year, Georgia is poised to eclipse Florida in authorizing new-money bonds in their state budgets.