Florida

Florida's government pensions generally don't drive negative credit pressure partly because of the flexibility to change benefits prospectively, Moody's said.

S&P cut its rating to CC from B on the Charter School of Boynton Beach, Fla.'s bonds saying there is a "virtual certainty of default."

A new Florida coalition pledges to work on municipal pension reform because it says cities face nearly $11 billion in debt from the obligations.

Southeast municipal bond issuers sold $21.78 billion of debt in the first six months of the year, a 31.4% decline driven by fewer taxable and refunding deals.

Halifax Hospital Medical Center in Florida will pay $11.9 million on top of $85 million to settle claims made by the federal government and a whistleblower.

Florida forecasters say final general revenue estimates for 2014 were off by $106.7 million but current year estimates for a $1 billion increase are on track.

Florida Gov. Rick Scott launched "Let's Keep Florida Beautiful," a campaign platform pledging to provide $1 billion for environmental protection.

Fitch revised the rating outlook to stable from negative on $307.4 million in bonds issued for Southwest Florida International Airport because traffic levels improving.

Fitch raised its ratings on Tampa, Fla.'s water and sewer revenue bonds to AAA from AA-plus noting the system’s "very strong financial performance."

Florida has hired legal counsel to sue the bankrupt Digital Domain over $20 million in state incentive funding.

Opponents of the Atlanta Braves' $672 million stadium in Cobb County intervened in the proceeding to validate $397 million of bonds for the new Major League Baseball facility.

Central and west Florida expressway authorities are set to expand after Gov. Rick Scott signed two bills into law. One creates a new Central Florida Expressway Authority replacing the Orlando-Orange County Expressway Authority.

Florida expects to defease $675.9 million of bonds that paid for hurricane losses around July 11, according to a market notice.

Lake Worth, Fla., has scheduled a referendum during the Aug. 26 state primary asking voters to approve $60 million in bonds for infrastructure projects.

Miami-Dade County plans to restructure three swaps associated with 1996 and 1997 bonds that have paid off with positive cash flow since being negotiated.

The Orlando-Orange County Expressway Authority board approved a $230 million interchange project in what was likely its final act before the agency is transferred to a new organization.

Three new indictments were handed down in a widening Orlando-Orange County Expressway Authority scandal and a fourth person pleaded guilty to violating Florida's sunshine law.

Florida Gov. Rick Scott OK'd a record $77 billion budget June 2, and used his line-item veto pen to cut $69 million – the smallest reduction since becoming governor.

Municipal market issuers should disclose bank loans even if there is no regulatory requirement to do so in order to avoid credit concerns, market experts said Tuesday.

The Environmental Protection Agency's proposed rule to cut carbon dioxide emissions as much as 30% by 2030 will drive up costs for coal-dependent states, Florida Commissioner of Agriculture Adam Putnam said.