Kentucky

Arkansas saw the largest drop in the percentage of uninsured in 2014, followed closely by Kentucky, according to a recent Gallup poll.

As taxable fixed-income rates remain near all-time lows, Kentucky is one of several states eyeing pension obligation bonds to deal with unfunded retirement obligations.

The Kentucky Senate passed a bill Feb 6 that allows for the state’s first charter schools. The measure now goes to the House.

The Kentucky Legislature is considering a bill that would create a state-run retirement plan for private-sector workers. SIFMA opposes the measure.

The governors of Kentucky and Ohio plan to lower the $2.6 billion construction cost of the Brent Spence Bridge project in order to move the long-planned, bi-state venture forward.

The Kentucky State Property and Buildings Commission plans to proceed with this week's pricing of $385.5 million in bonds, weather permitting.

Assured Guaranty will provide Kentucky's Paducah Power System with surety bonds to free up some debt service reserves at the cash-strapped utility, according to PPS officials.

Macquarie Capital won a P3 contract with Kentucky to develop the state's 3,000-mile fiber Internet infrastructure.

Despite assurances that Paducah Power, Ky., has a financial recovery plan, Fitch Ratings downgraded the utility's bonds to BBB from A-minus on Wednesday.

The Kentucky Pension Oversight Board will finalize recommendations for new funding and tighter control of the state's pension systems at its Dec. 16 meeting.

Kentucky fuel costs will fall 4.3-cents a gallon on Jan. 1, a drop that translates into a "crippling" loss of $129 million in state road funding, officials warned.

Kentucky's Paducah Power System board will be asked to take bankruptcy off the table as an option to deal with its struggling finances, said manager Mark Crisson, because the system is solvent.

Kentucky's Paducah Power System board Wednesday adopted a sweeping recovery plan to stabilize finances and provide customers with rate relief that includes potentially selling some of its interest in the troubled Illinois Prairie State coal plant.

Fitch placed Paducah Power, Ky., on rating watch negative due to the system's constrained financial position and its link to the troubled Prairie State coal-fired electric generating station in Illionis, which has experienced cost overruns that have impacted the municipal utilities that signed on to the project.

Kentucky Gov. Steve Beshear has appointed Crit Luallen to become the state's new lieutenant governor.

Louisville, Ky. plans to competitively sell $50 million in GO bonds Wednesday with a new stable outlook from Moody's Investors Service.

The interim manager of Kentucky's Paducah Power System says he's working on a plan to deal with high costs tied to the Prairie State project in Illinois, while fending off some residents’ suggestion that the utility file for bankruptcy.

Louisville, Ky., issuers bring $360 million in bonds to the market during November as investors continue to search for quality amid uncertain conditions.

The Warren County Downtown Economic Development Authority in Kentucky will be among nine award winners at the CDFA's annual summit in November.

The Chapter 11 bankruptcy of a public benefits corporation in Kentucky highlights the risks associated with such agencies, Moody's said.