Georgia

Georgia, Wisconsin, Texas and other states have master state contracts with insurers that are available to local governments for cybersecurity.

The failed attempt to sell Florida’s largest municipal utility and its contract to buy nuclear-generated electricity from a Georgia plant will be examined.

The governor has recommended a $54.15 billion budget amid flat state revenue collections in the current fiscal year.

The state prosecutor for the Jacksonville area said the probe into the city-owned utility has been turned over to the federal justice system.

The Jacksonville, Florida-owned utility’s managing director and chief financial officer were both fired amid turmoil over a privatization process, which was canceled.

Florida says it was harmed, but the special master in the water rights case said Florida lacked clear and convincing evidence that Georgia is responsible.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

A special master will hear oral arguments Thursday in the federal lawsuit Florida filed in 2013, as both states incur significant legal costs.

The ruling is credit negative but the district has a large budget and revenue-raising flexibility to absorb the liability, Moody's Investors Service says.

G. Scott Rafshoon, a veteran expert in P3s, has been hired as a partner in Squire Patton Boggs’ Atlanta office.