Kentucky

The Bluegrass State will issue debt for operations and capital needs at the University of Louisville Health Medical Center.

Two baseball stadiums and a basketball arena face cash-flow hits from the COVID-19 pandemic.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

Gov. Andy Beshear is calling for a 1.8% increase in state spending for fiscal 2021, a plan that relies on sin taxes and sports betting revenue.

Pittsburgh International Airport is partnering with the University of Pittsburgh on an additive manufacturing epicenter.

Gov. Andy Beshear released an unfavorable actuarial analysis of a pension reform plan backed by former Gov. Matt Bevin.

John Hicks has left his position as executive director of NASBO to become Kentucky's budget director.

Gov. Bevin said after a canvass of the Nov. 5 election results that, "based on the vote of the people," Democrat Andy Beshear had won.

Moody's Investors Service says the law is good for holders of local GO bonds, though it remains untested in bankruptcy court.

The Kentucky Supreme Court’s ruling prevented a quasi-governmental agency that filed for bankruptcy from leaving the state pension system.

The director of the Kentucky Retirement Systems says the state has built in a risk margin to avoid an adverse effect on liabilities.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

The Kentucky Bond Development Corp. privately placed bonds with Morgan Stanley to settle outstanding obligations to KentuckyWired P3 partners.

The highest-ranked states were mostly west of the Mississippi River, driven by expanding economies and population growth.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

All of Hilliard’s municipal advisors and associates agreed to join Baird, expanding its presence in the public finance sector.

Bedarff was a fixture in the Kentucky and Ohio public finance worlds and a nationally respected expert.

The surge in gas deals couldn’t overcome the region’s sharp decline in refundings, which led to an overall 22.6% volume decline.

The Louisville City Council is scheduled to discuss options Tuesday for a controversial parking structure downtown.