Georgia

Georgia Gov. Nathan Deal has proposed a $44.6 billion budget for fiscal year 2016, which is a 3.15% increase over the current spending plan.

The recently announced move by Mercedes-Benz to relocate its U.S. headquarters to Atlanta is credit positive for Atlanta and Fulton County, Moody's Investors service said Jan. 15.

Georgia saw state revenues increase 9% in December, the sixth straight monthly increase in collections.

The Atlanta City Council will let voters determine the fate of the city's backlogged infrastructure needs in a $252 million GO bond referendum set for March 17.

Georgia Gov. Nathan Deal created a special agency and brought in anew attorney for the state's defense in the lawsuit over water rights filed by Florida.

The Cherokee County School System is negotiating with the Internal Revenue Service to settle a tax dispute, after an IRS agent contended in an audit of 2007 bonds that there was an arbitrage problem.

Atlanta unions have filed for an appeal of the Fulton County Superior Court's Nov. 10 ruling that tossed their lawsuit challenging the city's landmark pension reform package.

The U.S. Supreme Court has appointed an attorney from Maine as case manager for the lawsuit that Florida filed against Georgia in a dispute over water rights.

The Atlanta Falcons iconic new retractable-roof stadium will now cost $1.4 billion and becomes the second-costliest stadium in National Football League history.

The University System of Georgia's 65-year college housing privatization, which will defease $325 million in bonds, is being closely watched by higher education, finance, and housing industries.

The Atlanta Symphony's recent labor agreement is credit positive because it enables the Woodruff Arts Center to reduce operating deficits, Moody's said.

Atlanta unions are considering an appeal following a superior court ruling Nov. 10 that tossed their lawsuit challenging the city's landmark pension reform package.

Georgia became the first state in the nation to cap income tax rates on Nov. 4, but some analysts said it could hamstring the gilt-edged state's finances.

The U.S. Supreme Court ruled Nov. 3 that Florida can proceed with its suit against Georgia over fresh water rights.

The Georgia Supreme Court set oral arguments in the Atlanta Falcons stadium appeal Nov. 3, and could hear arguments against the Atlanta Braves stadium in February.

South Florida's Broward County School District wants voters to OK $800 million in GO bonds on Nov. 4, which leads a slate of referendums on ballots across the Southeast.

Moody's changed the outlook to positive from stable on Atlanta's Aa2 GO bond rating due to stabilized reserve levels and a return to economic growth.

Georgia officials and the U.S. Army Corps of Engineers Wednesday signed the paperwork enabling the state to use bond proceeds to begin long-awaited work on the $706 million Port of Savannah harbor expansion.

Financial pressures that turned the outlook on the Woodruff Arts Center's bonds negative led the Atlanta Symphony Orchestra to postpone its season opening.

Atlanta plans to do a debt feasibility study on the advisability of issuing $250 million of GO bonds for infrastructure improvements.