Kentucky

Kentucky legislators, who disagree on the biennial budget and amount of bonds, now go to conference.

Moody's drops Covington, Ky.'s bonds to Baa1 citing a history of deficit spending by the city whose finance director recently pleaded guilty to stealing $800,000.

The Kentucky House passed a bill that would ban the use of tolls for the $3.5 billion Brent Spence Bridge project being planned by Kentucky and Ohio, while moving ahead with P3 projects elsewhere in the state.

The double-A rated University of Kentucky prices $244 million of bonds on Tuesday amid a light competitive calendar.

Southeast bond issuance last year dropped 11% to $56.7 billion as rising interest rates took refundings out of the running and new-money volume was nearly flat.

The top two members of the Kenton County Airport Board have resigned amid a special examination into spending practices by Kentucky Auditor Adam Edelen.

Kentucky Gov. Steve Beshear is proposing a new bond program for its community colleges modeled after a similar program for universities last year.

Spending abuses among public school districts prompted the Kentucky House to adopt legislation that strengthens financial reporting and educational requirements.

A new report says Kentucky and Indiana saved $300 million on the Ohio River Bridges Project primarily because of design and construction efficiencies.

Kentucky Gov. Steve Beshear recommends what he calls "harsh cuts" along with $2 billion of bonds in his proposed $68 billion budget for 2014-2016.

Louisville, Ky., holds public workshops Jan. 13-17 for its strategic multi-model transportation planning effort known as "Move Louisville."

Reduced federal funding prompts Kentucky and Ohio to consider using a P3 to build the $3.57 billion Brent Spence Bridge Project between Kentucky and Cincinnati.

Louisville, Ky.'s KFC Yum! Center sports arena suffered a blow when Standard & Poor's dropped its investment-grade ratings on the arena's bonds to BB.

Kentucky closes on $728 million in bonds and notes Friday, bringing the average cost of financing its Ohio River Bridges Project to 4.4%

Standard & Poor's lowered Hillview, Ky.'s GO bond ratings to A-minus from A partly because the city of 7,700 residents is appealing an $11.4 million jury award.

Kentucky plans to price $747 million on Dec. 10-11 to finance the major portion of the "Downtown Crossing" of the Ohio River Bridges Project.

Louisville, Ky.'s KFC Yum! Center bonds dropped farther into junk territory when Moody's Investors Service downgraded the senior lien bonds to Ba3 from Ba2.

Kentucky's Louisville & Jefferson County Metropolitan Sewer District plans to sell $326 million of bonds and notes Wednesday, backed by Moody's new positive outlook.

New head of state highway officials group seeks national economic stability through sustainable federal transportation funding.

Lawsuits in Kentucky seeking a rollback in tax rates for most library districts could result in multi-notch rating downgrades, Moody's warned.