Florida

Officials with the private passenger train company said contractors have been hired to extend service from West Palm Beach to Orlando.

Environmentalists threatened to file suit after Gov. Ron DeSantis signed a bill ordering studies and construction of the routes in rural areas of Florida.

Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

If approved by the governor, the budget will mark the ninth consecutive year of record spending by the Sunshine state.

S&P lowered the Miami-Dade County Expressway Authority’s bonds and assigned a negative outlook. State lawmakers proceeded to pass a bill abolishing the authority.

The Miami-Dade County Expressway Authority’s bond rating is being pressured by pending legislation usurping the agency’s power, Moody's says.

The Orlando Sanford International Airport has launched a search for a new president and chief executive officer after Diane Crews recently announced that she plans to retire in September 2020.

A bill restructuring a local expressway authority would order tolls to be lowered by 25%, threatening future road projects.

Cleveland Clinic will be pricing $930 million of bonds and roughly half of the structure will be variable rate debt that the clinic hopes will lower its costs.

Owners of the privately owned passenger train project plan to ask the Florida Development Finance Corp. to approve more bonds Friday.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Federal transportation officials authorized another $950 million in private activity bonds for Brightline, also known as Virgin Trains USA.

This week's deal will prime the pump for another $2.5 billion in loans Freddie Mac plans to securitize in the next two to three years.

Bond lawyers asked for a safe harbor for issuers to provide unaudited information without needing to be fearful of anti-fraud laws.

Telley Meier, IRS field operations manager for the Indian Tribal Government/Tax Exempt Bonds office, advises bond attorneys to call the examination agent if they think an audit has been erroneously selected.

Bond lawyers pushed for information from the SEC's top muni official Thursday.

The Florida Development Finance Corp. said another meeting will be scheduled to finish taking public comment on financing for the passenger train project.

All four industry groups that submitted comments on the proposed rule requested a continuation of the practice that allows remarketing reissuances at a premium.

If blockchain becomes a force in the muni market, it could take on some of the duties done by middlemen, thereby cutting costs for issuers.