Florida

Owner Fortress Investment Group can sell short-term debt with proceeds escrowed until the Florida conduit issuer OKs its remarketing as long-term debt.

The municipal market is poised to absorb the late-year burst of supply as market technicals are expected to remain positive through year end.

People flocking to Florida as tourists and residents have bolstered the Sunshine State's economy and its prospects for 2022.

The rating agency said the upgrade reflected financial resiliency during the COVID-19 pandemic and a strong rebound in air travel demand exceeding expectations.

S&P said the AA-minus rating on the city’s limited ad valorem and non-ad valorem bonds was supported by Miami's strong economic recovery.

The county said the increase in shipping volume at the port didn’t cause any congestion for boats or delays in product shipments.

Fitch Ratings revised the Canaveral Port Authority and Port Everglades rating outlooks to stable from negative as cruise ship activity accelerates.

Voters in Virginia also decided the fate of several large bond referendums while Atlanta voters will see a mayoral runoff at the end of the month.

The independent financial services firm will be bulking up its public finance business by hiring additional staff as it looks to Florida's West Coast while supporting its existing offices in Miami and Boca Raton.

Gov. Kathy Hochul's thrusts include the MTA Open Data Act; state Comptroller Thomas DiNapoli launched a federal COVID-19 funding tracker.