Kentucky

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.

Issuers, borrowers, and MAs disagree that they violated state and local government series securities (SLGS) rules.

In Tuesday’s election, North Carolina and West Virginia got new governors while the region also saw the passage of bond-related measures, including big-ticket transportation initiatives.

The Kentucky Court of Appeals ruled that the city of Fort Wright can proceed with its lawsuit alleging that the Kentucky Retirement Systems made millions in improper investments in alternative asset classes.

A Kentucky Supreme Court ruling that Gov. Matt Bevin does not have authority to withhold university funds is a credit negative, Moody's Investors Service said, because it will be harder to manage difficult budgets without help from lawmakers.

Gov. Matt Bevin said an analysis will be performed of Kentucky’s underfunded pension plans, including a solvency and liquidity analysis, and a “critical review” of past revenue and expenditures.

Southeast issuers sold $37.63 billion of municipal bonds in the first half of 2016, a decline of 10.9% from the same period last year, even as new money deals increased.

Kentucky received an abundance of local proposals for its $100 million bond-financed work-training initiative.

A Kentucky judge has granted a temporary injunction blocking Gov. Matt Bevin from removing the University of Louisville's trustees.

A small Kentucky municipality’s bond rating is sinking under the weight of a city-owned water park.

Kentucky plans to issue $100 million of bonds to support a workforce development training initiative seen as critical to better prepare people for jobs that match the needs of employers in the state.

The outlook for the University of Louisville was changed to developing after Moody's Investors Service found that Kentucky Gov. Matt Bevin’s dismissal of the board of trustees raised uncertainty about the university’s governance.

Kentucky Gov. Matt Bevin restructured the state pension board as a state agency, saying the move was necessary to achieve greater transparency and better administration.

Kentucky, after plugging billions into its massively underfunded pensions this year, is hitting the brakes on transportation spending.

Circuit Court Judge Thomas Wingate ruled that Kentucky Gov. Matt Bevin acted properly when he ordered higher education budget cuts.

The Kentucky Bond Corp. will use its highly rated pool bond program to help Hillview fund a legal settlement negotiated after the city filed for bankruptcy.

Kentucky Gov. Matt Bevin approved the state budget for the next two fiscal years, which cuts agency and education funding to address a portion of the state’s massively underfunded pensions.

Kentucky’s Attorney General Andy Beshear has asked the Executive Branch Ethics Commission to probe improprieties of public corruption alleged by Gov. Matt Bevin.

Hillview, Ky., has filed a motion to dismiss its Chapter 9 bankruptcy case based on a settlement with a creditor that Moody's Investors Service said may prove unaffordable for the small city south of Louisville.

A plan to resolve Hillview, Ky.'s bankruptcy case led Standard & Poor's late Tuesday to lift the bond ratings of the small city south of Louisville to investment grade from junk.