Mississippi

The Southeast's states rely on federal funds more than those in other regions and analysts warn those funds may be ending shortly if the shutdown continues.

Southeast state governments are among the most dependent on federal Medicaid, SNAP and FEMA funding.

Moody's based this downgrade on the lowering of the rating of the United States government.

The law cuts the individual income tax rate to 3% by calendar year 2030, with triggers that may drive future annual decreases until it ultimately falls to zero.

Only Georgia has a higher state-level infrastructure grade from the ASCE than the the C the U.S. received this week. More in the Southeast are C-minus or lower.

Enviva's bankruptcy is the latest Chapter 11 bankruptcy where green private activity bonds are restructured to near zero.

Enviva's $353 million in tax-exempt bonds currently are among the liabilities at stake in the company's Chapter 11 bankruptcy.

"The risk of future budgetary pressure is further elevated due to pension contributions falling short of their actuarially determined contribution amounts in each of the past three years and a relatively high level of unfunded pension liabilities," said S&P's Rob Marker.

Prices have fallen for Alabama private activity bonds issued for wood pellet producer Enviva amid the firm's larger struggles.

In partnership with the three-state Southern Rail Commission, Amtrak wants to study a new link connecting Mississippi, Louisiana and Texas.

The Department of Agriculture announced that 64 projects by power cooperatives and utility companies to improve rural power systems were approved for loans.

Low temperatures in Mississippi's capital on Christmas Eve caused pipes to burst across the city. Utility crews are struggling to make repairs.

The former municipal advisor Porter Bingham has been sentenced to four months imprisonment and two years term of supervised release following his fraudulent billing to the city of Rolling Fork, Mississippi in connection with a 2015 bond offering.

Mississippi's largest city is without running water. It has $191 million in outstanding water and sewerage revenue bonds, according to Moody's.

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

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

Month over month, the municipal market is in a much better position, as heavy demand and flows continue to drive it.

The state is selling $1.2 billion of GOs, and a recent deal from Vicksburg highlights a structure that makes a difference to the state's local governments.

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

Refinitiv Lipper reported $600 million of outflows from municipal bond mutual funds as the market correction caught up. High-yield funds lost a massive $722 million after $330 million a week prior.