Kentucky

Kentucky and Ohio consider options for building and funding a bridge project between Covington, Ky. and Cincinnati that could cost as much as $2.9 billion.

With Southeast issuers facing big-ticket costs to rehab water and sewer systems under federal court orders, doubt about the future of munis is raising concern.

Kentucky and Indiana officials set the base toll rates that drivers will pay on the $2.6 billion Ohio River Bridges Project at a special meeting Sept. 11.

The Kentucky Turnpike Authority expects to price $186.85 million of new road revenue bonds this week.

A panel Thursday postponed setting tolls for the Kentucky, Indiana Ohio River Bridges Project, and the delay could affect Kentucky’s bond sale later this year.

Kentucky and Indiana will set tolls for the $2.6 billion Ohio River Bridges Project, which will support Kentucky bonds selling this year.

The Louisville region is well on track toward reaching post-recession highs in employment, says the Louisville, Ky., office of the St. Louis Federal Reserve Bank.

Municipal bond issuance in the Southeast dropped nearly 12% to $30.7 billion in the first half of 2013. Sales were down in eight of the 11 states comprising the region.

Kentucky should adopt enabling legislation and open the doors for public-private partnerships at all levels of government, says the Kentucky Chamber of Commerce.

Kentucky is selling $207.7 million of Garvees to partially fund its $1.3 billion bridge project known as the "Downtown Crossing" because it traverses Louisville.

Louisville, Ky.-based Hilliard Lyons has hired former Cook County chief financial officer and former Chicago comptroller Tariq Malhance to lead its public finance banking efforts in the Chicago region and Illinois.

Moody's Investors Service Monday downgraded LaGrange, KY's general obligation bonds and lease revenue notes to Ba2 from A3.

Federal Highway Administrator Victor Mendez is expected to join Kentucky officials Tuesday for groundbreaking of the 'downtown' Ohio River Bridges Project.

The Kentucky State Property & Buildings Commission Tuesday prices $144.4 million of revenue bonds for retail investors with institutional sales to follow.

Kentucky's McCracken County School District, with the help of an extraordinary call provision, is refunding its Build America Bonds to avoid a budget pinch because of the reduced federal subsidy.

Kentucky's general fund revenues declined 2% in April compared with last year, and represented a decrease of $16.5 million, State Budget Director Jane Driskell said.

Gilt-edged Louisville, Ky., provides investors with an opportunity to buy high-quality bonds with combined refunding and new-money offerings of nearly $50 million on Tuesday and May 30.

Hilliard Lyons has added Grover "Butch" Canty as a public finance banker to further the firm's expansion in Western Kentucky.

Kentucky Gov. Steve Beshear has signed House Bill 1 into law imposing greater transparency and oversight requirements over the state's more than 1,200 special districts.

Kentucky Treasurer Todd Hollenbach is asking residents of the state to urge their congressional representatives to save the tax-exemption on municipal bonds.