Georgia

BRADENTON, Fla. — Morgan Stanley plans to open its first public finance office in Atlanta to expand in the Southeast as growth resumes and infrastructure needs ramp up.

Gov. Nathan Deal announced that Georgia’s net tax collections for April totaled $1.53 billion, an increase of $152 million or 11% from the year previous.

BRADENTON, Fla. — Georgia has restarted the Northwest Corridor congestion-reliever project in the Atlanta metropolitan region using a traditional approach to its construction and funding, as opposed to a public-private partnership.

BRADENTON, Fla. — In a rapid fall from grace, the popular Fulton Science Academy Inc. in Georgia has seen its BBB investment-grade rating plummet to CC less than seven months after issuing $19 million of bonds.

BRADENTON, Fla. — Atlanta's proposed 13-year extension to comply with the terms of a federal consent decree related to sewer overflows is a credit positive, Moody's Investors Service said in a special report Monday.

Atlanta officials announced Monday that they reached a proposed agreement with the federal government and the state of Georgia to modify a 1999 federal wastewater consent decree.

The Atlanta Falcons and the Georgia World Congress Center Authority are leaning toward building a new football stadium with a retractable roof rather than renovate the existing Georgia Dome, according to the Atlanta Business Chronicle.

BRADENTON, Fla. — As Atlanta plans to open its new $1.4 billion international terminal next month, the city is moving forward with other projects at Hartsfield-Jackson Atlanta International Airport.

The Georgia Department of Transportation said Tuesday it and federal agencies have officially begun preparation of an environmental impact statement on the proposed multi-modal passenger terminal in Atlanta.

Standard & Poor’s last week revised the outlook to stable from negative on Atlanta’s general obligation debt and appropriation-backed bonds issued on behalf of the city by various issuers.

Georgia’s net tax collections for February were $765 million, an increase of nearly $50 million, or 7%, compared to a year ago.

With all but two of 170 precincts in Atlanta reporting early Wednesday, voters overwhelmingly approved renewing a sales tax that supports the city’s water and sewer system.

BRADENTON, Fla. — Atlanta voters are being asked Tuesday to reauthorize a sales tax that supports the city's water and sewer system.

Nine environmental groups last week filed a petition seeking U.S. appellate court review of the Nuclear Regulatory Commission’s rule certificating the Westinghouse AP1000 nuclear reactor, which will be used in two new units at Plant Vogtle in Georgia, a portion of which is publicly financed.

Georgia is once again in the crosshairs of a water-rights dispute as neighboring Alabama and Florida filed appeals with the U.S. Supreme Court on Monday.

BRADENTON, Fla. — Metropolitan Atlanta Rapid Transit Authority officials said Tuesday that the American Energy and Infrastructure Jobs Act creates funding uncertainties because it would eliminate federal fuel taxes now dedicated for transit agencies.

The University System of Georgia is consolidating eight of the state's 35 colleges and universities in a move that may be replicated around the country as higher education institutions continue to deal with state budget cuts.

The Georgia Legislature is considering a $300 million infusion of additional gas tax funds to shore up funding to build the first phase of the West by Northwest traffic-congestion relief project around Atlanta.

BRADENTON, Fla. — Ballard Spahr LLP has added its first public finance attorney to the law firm's Atlanta office.

In response to changing economic dynamics and untapped business opportunities, Invest Atlanta is the new identity of the city’s Atlanta Development Authority, Mayor Kasim Reed said during last week’s state of the city address.