Kentucky

Sports wagering is forecast to increase the state's revenue by about $23 million a year when it's fully implemented. Retail locations open this week and mobile applications go online at the end of the month.

The $1.4 billion span would mark the second major bridge that the two states have built together following the $2.6 billion Ohio River Bridges project that opened in 2016.

Almost all of the $1.55 billion surplus will go into the state's rainy-day fund, raising its balance to a record $3.7 billion, a 2,700% jump since 2019.

S&P analyst Anne Cosgrove cited "Kentucky's commitment and execution to strengthen its budgetary flexibility and long-term financial stability."

Fitch said its upgrade of Kentucky's IDR "reflects material improvements to Kentucky's fiscal reserves since 2020 as a result of improved budgetary discipline.

The administration gave priority to large bridge projects that are ready to proceed with construction.

Because I-75 is a key freight corridor from Florida to Canada, impacts from traffic congestion affect commercial and commuter traffic up and down the East Coast.

Following a procession of anti-ESG policy decisions in Kentucky, state lawmakers met last week to discuss additional requirements for companies that have cut ties with the fossil fuel industry.

The funds will be used to restore running water in counties still grappling with infrastructure damage wrought by July's flash floods, Gov. Andy Beshear said.

An increase in the volume of tax-exempt bond deals for long-term, fixed-priced natural gas contracts may signal a turnaround in the prepaid energy market.

The upgrades follow Fitch's upgrade of Morgan Stanley, the guarantor to the gas supplier in all of the transactions.

The $74 million of federal funds will support the efforts of a state agency that has long grappled with the decaying infrastructure of the coal business.

Seven states formed the Midwestern Hydrogen Coalition to collaborate on promoting hydrogen-based energy production, use and distribution.

The Kentucky State Property and Buildings Commission deal will fund capital improvements and public projects across the state.

Coming back from COVID, states in the Southeast are seeing their revenue streams perk up as economic activity resumes across the region.

The laws raise borrowing costs for issuers and limit the distribution networks, according to a study.

A pipeline of projects is building as infrastructure dollars begin to flow to states.

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

The Kentucky Public Transportation Infrastructure Authority wants to sell up to $443.8 million in tax-exempt refunding bonds when market conditions improve.

For a third spending cycle in a row, there was tension over funding for the Kentucky Wired public private partnership deal.