North Carolina

If North Carolina voters allow the state to issue $2 billion of general obligation bonds it could signal a shift in sentiment about tax-backed debt issuance, according to Fitch Ratings.

In the Southeast, pent-up need for capital and low interest rates translated into a five-year high for bond issuance in 2015.

North Carolina voters decide March 15 if North Carolina can issue $2 billion of general obligation bonds to finance higher education and state capital projects.

North Carolina Gov. Pat McCrory wants local leaders to vote again in support of controversial P3 express lane project.

Managing a successful transportation P3 requires political support and public approval from the beginning of the process, experts say.

Newly minted gilt-edged Union County, N.C., plans to make rare appearances in the bond market this week and in December offering investors high-grade paper options.

North Carolina Gov. Pat McCrory signed House Bill 943 into law setting March 15 as the date voters will decide whether the state can issue $2 billion of bonds for public improvements.

North Carolina legislators passed the $2 billion Connect NC Bond Act before adjourning a record nine-month session on Wednesday.

The North Carolina House passed the state budget for the 2016-2017 biennium just after midnight on Sept. 18; Gov. Pat McCrory later signed it into law.

North Carolina legislators have unveiled a compromise general fund budget for the 2016-2017 biennium with final votes slated this week in order to send it to the governor by Friday.

The North Carolina Department of Transportation won a federal court ruling Friday allowing the state to continue work on the $840 million, 20-mile Monroe Connector Expressway.

North Carolina legislators hope that third time is a charm after passing yet another continuing resolution to keep state government running through Sept. 18.

Issuers in the Southeast sold $41.56 billion of bonds in the first half of 2015, an 85% increase in year-over-year volume fueled by refundings and a slight uptick in new-money sales.

Recent favorable market movement bodes well for Charlotte, N.C., to price $463 million of water and sewer refunding bonds Thursday.

University of North Carolina professor Pab Jotikasthira wins the James A. Lebenthal Memorial prize for best paper submitted at the Brandeis Municipal Finance Conference.

A taxpayer bill of rights passed by the North Carolina Senate Finance Committee could threaten the state’s coveted gilt-edged ratings, according to State Treasurer Janet Cowell, who said she opposes the newly surfaced legislation.

The North Carolina House puts a proposed $1.7 billion road infrastructure plan on fast track.

The Alabama Legislature and Gov. Robert Bentley remain far apart on an operating budget with less than a month to go before the new fiscal year begins.

Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.

The North Carolina Eastern Municipal Power Agency closed its $1.25 billion asset sale to Duke Energy Friday, while taking out $1.72 billion of outstanding bonds.