Louisiana

The Louisiana State Bond Commission and the city of New Orleans are a step closer toward settling a two-year-old federal housing discrimination lawsuit.

Moody's dropped the GO bond ratings on Louisiana's St. Charles Parish Hospital District No. 1 below investment grade citing a strained financial position and high debt load.

The thousands of airline flights cancelled this winter due to severe weather may affect some airports' revenues and cost budgets, Fitch Ratings said.

The Internal Revenue Service is auditing $12.84 million of unlimited tax school building bonds issued in 2010 by the Anahuac Independent School District in Texas as part of an examination of small governmental bond issues.

Louisiana Gov. Bobby Jindal recommended a $24.9 billion budget for fiscal 2015, which is $623.7 million less than the current budget.

Louisiana is receiving inquiries asking how the state successfully priced $111.67 million in "unconventional" unclaimed property special revenue bonds Dec. 18.

Standard & Poor's upped Baton Rouge, La.'s sales tax revenue bonds to triple-A noting the city's role as an economic center and improving debt service coverage.

An agreement on funding new and renewed transportation infrastructure could be the basis of a bipartisan budget deal, President Barack Obama said Friday at the Port of New Orleans in south Louisiana.

BioNitrogen Holdings plans to build seven bond-financed plants using a proprietary biomass conversion process to make fertilizer in Louisiana and Florida.

Louisiana Treasurer John Kennedy urged state agencies to quickly prepare bond transactions out of concern that interest rates will spike before the end of the year.

Fitch Ratings moved New Orleans's GO debt outlook to negative from stable due to pension problems and mandated public safety spending.

Louisiana State Bond Commission approved $200 million of bonds for local governments and state college projects.

Louisiana can issue $800 million of state GO bonds over the next two years without busting a constitutional cap on debt service.

Louisiana Bond Commission will decide on $37 million of sales tax bonds for a retail development in Livingston Parish.

Louisiana’s looming tax amnesty will generate the $200 million needed to balance the fiscal 2014 budget, revenue secretary says.

Louisiana environmentalists say Gov. Bobby Jindal opposes a levee district's lawsuit because oil and gas interests contribute to his campaigns.

The Internal Revenue Service is auditing $196.94 million of revenue refunding bonds issued by East Baton Rouge, La., sewage commission in 2006.

Louisiana's coastal protection agency is officially opposed to a multi-billion dollar lawsuit brought by a levee district against oil companies.

Refundings by local governments approved Aug. 15 by the Louisiana State Bond Commission cut debt service by almost $900,000.

The Louisiana state agency responsible for coastal protection may ask for dismissal of a levee district lawsuit seeking billions of dollars as damages from oil companies.