Georgia

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.

In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.

The Securities and Exchange Commission issued a non-public letter to the city of Atlanta last week, prompting a possible investigation into its airport.

Expanded access to lower-cost borrowing is a credit positive for the charter school sector, according to Moody’s investors Service.

Municipal utility MEAG is preparing to issue $725 million of bonds to finance a portion of its share of work at Plant Vogtle.

Savannah's funds shrunk a bit with the approval of several pricey items on the regular city council agenda Thursday.

Market participants are questioning IFS' future and how a rogue trader engaged in unsupervised trades.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

Texas officials say the attacks appear to be coming from a single source.

The plan to cover shortfalls for the city's new arena with bonds of $45 million and more bonds for the parking garage at Plant Riverside are on the city's agenda for first readings Thursday, Aug. 15.

The Federal Aviation Administration launched a new investigation into Hartsfield-Jackson airport alleging it may have unlawfully diverted revenue to the city of Atlanta.

The unrated 40-year bond issue was marketed to sophisticated institutional buyers familiar with the legal dispute between MEAG and Florida's JEA.