Georgia

The muni market saw $379.992 billion of debt issued in 2023, only $11.076 billion less than the lackluster $391.068 billion seen in 2022.

Furloughs at an EV plant in Georgia are one of several indicators of cooling growth in the electric vehicle sector.

State and local development officials closed on $5 billion of revenue bonds for electric truckmaker Rivian's planned Georgia production plant.

Gov. Brain Kemp signed an executive order Wednesday extending a suspension of Georgia's gasoline tax as prices at the pump remain high, but begin to fall.

October's total volume rose 29.3% to $37.156 billion in 661 issues from $28.738 billion in 614 issues a year earlier. New-money grew more than 30% while refundings were up by nearly 75%.

Georgia Power and Oglethorpe Power agreed to new terms for cost overruns on two new Plant Vogtle nuclear reactors.

The eleven member General Assembly Joint Tax Credit Review Panel has met several times since the end of the 2023 legislative session.

Fitch Ratings affirmed the city's AA-plus GO rating while bumping the outlook on certificates of participation sold for its city courthouse.

Gov. Brian Kemp signed an executive order to suspend state taxes on gas and diesel as fuel costs remain stubbornly high nationwide.

The new study will identify potential new rail stations along a 13.6 mile stretch of its $4.8 billion BeltLine plan to redevelop a former freight rail line.

Airports are returning to the municipal bond market to build and renovate runways, concourses and terminals as passenger traffic rebounds.

Investor-owned Georgia Power will recover from ratepayers capital costs for the over-budget construction of two new nuclear reactors, if a state board approves.

The firm Kestrel verified the green bond component of the deal, which priced Aug. 16.

The region's issuers sold $30.3 billion of municipal bonds in the first half of 2023, 29.9% less than they did during the same period last year

Three utility entities associated with the development of nuclear energy in Georgia have received better rating outlooks from S&P Global Ratings.

The decision signals the end of a legal saga that began last year when local residents opposed validation of $15 billion of municipal bonds.

The $6.9 billion new-issue calendar features high-grade deals from Georgia, Washington and Massachusetts, among other frequently traded credits, which should provide direction for scales.

"The state has not issued general obligation debt since July 2022 and will be able to take advantage of strong summer redemption money," said Mary Garver, director of bond financing at the Georgia State Financing and Investment Commission.

City officials believe the structure of the $100 million issuance will help assuage investors concerned with inflation, high interest rates, and the specter of recession.

Gov. Brian Kemp announced projects that will receive $225 million in funds from a program created under the American Rescue Plan Act.