Florida

Although Lee County has been a tourist destination, since COVID, its year-round population increased.

The precedent and, if there were to be an appeals court affirmation, would have a greater impact on Louisiana than Florida, the attorneys said.

The health system plans to price $162 million on Feb. 18 and could sell up to $425 million this year.

The downgrade reflects ongoing underperformance in ridership and revenues relative to Kroll's expectations.

The rating agency cited weak operating results and high leverage.

Smith has more than 26 years of experience advising on municipal financings.

The deal will come to market despite the troubles of some other student housing bonds in Florida.

Major cuts to property tax revenue could push cities and counties to turn to less stable forms of revenue like sales taxes, analysts say.

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

Fitch's three-notch senior bond downgrade reflects "substantial credit risk."

The Florida train is struggling to generate enough revenue to pay its debt.

Eurostar veteran Nicolas Petrovic will oversee the Florida system while Mike Reininger will focus exclusively on Brightline West.

The dramatic downgrade projects a default by January 2027 on bonds issued to finance the Miami-to-Orlando passenger train service.

In a case stemming from a PACE bond authorization, the majority said language in Florida law giving finality to bond validations must be respected.

Two student housing developments in Orlando and Tampa, Florida, financed by speculative-grade bonds in 2024, have shown signs of strain.

Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

Moody's cited very narrow liquidity, very high leverage and concerns about delays in opening up a new campus.

Meanwhile, the Brightline West train project has floated a possible debt exchange ahead of its own mandatory redemption later this month.

Cities are responding to a state directive to remove symbols on crosswalks and other so-called distractions or risk losing state and federal funding.