North Carolina

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.

Cuts in U.S. Army ranks could pose a long-term risk to military housing bonds, though the most recent round should not affect ratings in the short-term, according to Fitch Ratings.

North Carolina joined several states this week entering extended legislative sessions to finish work on budgets for fiscal 2016, which began July 1.

North Carolina reached agreement with conservation groups June 15 that will allow the state to replace the 50-year-old deteriorating Bonner Bridge.

The North Carolina Eastern Municipal Power Agency received the Local Government Commission’s authorization Wednesday to issue $550 million of new taxable bonds for its asset sale to Duke.

A North Carolina anti-toll group wants a judge to proceed with its lawsuit in an attempt to stop the state’s Interstate 77 toll project for which the P3 contract was finalized May 20.

Moody's Investors Service downgraded WakeMed, N.C.'s bonds to A2 from A1 due to its weakened financial performance.

Work on North Carolina’s Interstate 77 express toll lane project will begin this summer with a lawsuit pending and over recent objections filed by some communities.

The Internal Revenue Service had raised concerns about certificates of participation sold in 2003 to finance student housing at Western Carolina University, but ultimately closed the audit with no change to the COPs’ tax exemption.

The North Carolina DOT picked a consortium headed by Cintra Infraestructuras S.A. to build a 26-mile express toll lane project.

North Carolina residents would decide in a statewide referendum this October or November if they want the state to issue $3 billion in general obligation bonds, according to a bill filed April 16