Mississippi

A former municipal advisor accused of billing a city thousands of dollars for services it did not receive is now facing criminal fraud charges.

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 state will issue revenue bonds backed by tax and fee revenues collected from casinos in the state.

Lawmakers will consider internet sales taxes, electric and hybrid vehicle user fees, a state lottery and bonds to fund transportation projects.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

Malachi Financial Products Inc. and its principal were charged with violating their fiduciary duty to a city in Mississippi, overcharging the city, and failing to disclose payments received from the underwriter.

The financial health of Magnolia Regional Health Center, a 200-bed public hospital in northern Mississippi, has gone from fair to serious condition all because of an accounting rule.

Adams County Chancery Court Judge Vincent Davis denied a motion Wednesday to dismiss the Natchez-Adams School District's request for $9 million in bonds.

With more than 100 structures closed recently due to potential safety risks, Moody's said the state’s deteriorating infrastructure is credit negative.