Georgia

A $300 million bond and a planned monkey breeding facility's fate are at stake in a legal struggle in Georgia.

A bondholder group is negotiating with the school, which continues to operate.

The Southeast has many of the largest ports and cargo airports in the country along with extensive foreign investment that creates exposure to trade turmoil.

Volume in the Southeast was up 46% in 2024, led by Florida, where municipal bond sales more than doubled to $27.49 billion.

The Metropolitan Atlanta Rapid Transit Authority will issue $475 million in green sales tax revenue bonds for capital projects and refunding.

A new law and constitutional amendment will restrict how fast property tax bills can rise on homestead properties, impacting local governments.

The ratings agency cited strong and growing activity and favorable economic trends in the region.

The decision is expected to be appealed to the Georgia Supreme Court and the ruling could have implications for the muni bond industry.

The upgrade affects most but not all of MEAG's outstanding bonds.

Florida's catastrophe fund will weather the storm and shouldn't need reinforcements yet. Two Florida-related sales are still expected next week.

State income tax collections were off last year and some analysts are watching to see how planned tax cuts will affect the triple-A state's revenues.

Moodys says it is placing additional weight on the states' Aaa ratings in determining the Garvee ratings.

Fitch also upgraded the city's Georgia Municipal Association certificates of participation (city of Atlanta public safety projects) to AA-plus from AA.

The sale follows the utility's successful initiation of two nuclear power units in the last 13 months.

The region's municipal bond volume grew by 42.4%, outpacing the nationwide 32% increase in a first-half marked by gas prepay deals and Brightline's big sale.

Long-term liabilities have gone down and revenues have gone up, Fitch said.

U.S. Soccer will issue $200 million of tax-exempt revenue bonds through the Fayette County Development Authority. 

Recognizing the formidable construction challenges, the White House has created a Nuclear Power Project Management and Delivery working group "to help identify opportunities to proactively mitigate sources of cost and schedule overrun risk."

Delivery delays for Boeing planes are impacting airports, with Southwest Airlines recently announcing it is pulling out or reducing flights at some facilities.

Strong and growing sales tax revenues support the bonds. Repayment isn't tied to ridership, which has declined.