Florida

Municipal bond issuers in the Southeast sold $27.7 billion of debt, down 7% year-over-year as the region saw fewer big transportation and prepay gas deals.

State economists project Florida will lose $5.4 billion of general revenues over the next two years, partly from reduced sales and lack of tourism.

Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.

Without giving a reason, Florida’s bond-funded passenger rail developer severed ties with Virgin and said the train system’s name will revert to Brightline.

With June hotel bed tax collections off dramatically, the county's comptroller said "the pandemic continues to heavily weigh on the tourism industry."

The Florida Department of Transportation continues litigation in an attempt to terminate the Miami-Dade County Expressway Authority.

Florida and Georgia have spent tens of millions of dollars in litigation over water rights in the case before the U.S. Supreme Court.

Jacksonville-owned JEA and Georgia-based MEAG agreed to settle litigation over JEA's agreement to buy power from reactors under construction in Georgia.

Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.

State revenues for fiscal 2020 came in 5.7% lower than Florida forecasters anticipated because of business disruptions caused by the COVID-19 pandemic.

A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.

A scaled down 2021 fiscal year spending plan signed by Florida Gov. Ron DeSantis will likely need further cuts to withstand potential revenue losses resulting from the ongoing COVID-19 pandemic, according to analysts.

A state appeals court rejected the one of the state government’s attempts to eliminate the Miami-Dade Expressway Authority, but the legal battle continues.

As officials in the tourism-dependent county prepare for a resurgence of tourism as attractions reopen, they are also dealing with a surge of COVID-19 cases.

Federal judge rules in favor of Georgia's MEAG and JEA will need to continue to pay debt service on bonds used for nuclear reactor construction.

The Sunshine State plans to build a statewide network of electric vehicle charging stations to cut down on carbon dioxide emissions from gas-fueled cars.

With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.

Some elder housing borrowers have also drawn on debt service reserves, violated covenants, or sought to restructure their bonds, said Moody's Investors Service.