South Carolina

A Senate bill would introduce public-private partnerships for transportation projects, while another would transfer ownership of roads to localities.

At least $200 million of the bonds will be priced on a competitive basis.

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.

Plaintiffs are challenging Oconee County's use of general obligation bonds repaid by taxpayers countywide to fund sewer improvements serving a small area.

The Fitch Ratings commentary considered ratings of airports in Florida, Nevada and South Carolina, which are most dependent on the airline for passenger traffic.

The borrowers had failed to make principal payment on November 1 due date, but have since remitted the funds.

Nashville, Tennessee, voters approved a $2 billion bond measure, while Lancaster County, South Carolina, and Cary, North Carolina, opposed the bond referendums.

Large measures to authorize or support bonds are on the menu in several of the region's largest cities and suburbs.

Florida's catastrophe fund will weather the storm and shouldn't need reinforcements yet. Two Florida-related sales are still expected next week.

The bank was one of 225 credits Moody's placed on review for possible upgrade July 25 when it released a revised rating methodology.

Oconee County using bond proceeds for a sewer that will benefit only some residents may violate the state constitution.

Challenges to laws banning investment banks from underwriting municipal bonds and the targeting of other financial firms for divestment purposes may result from a recent Oklahoma ruling.

Natural gas prepayment deals helped drive the utilities sector to top the Southeast in an overall down year for municipal bond sales across the region.

Meanwhile in New York, the state doubles down on climate investments and restricts investments in some big oil and gas companies as the city blasts several big banks as they pull out from the Climate Action 100+ initiative.

"Disney has abandoned its fiduciary responsibilities to its investors and customers by joining far-left activists in boycotting legal, taxpaying, employment-creating corporations to further Disney's political agenda," state Treasurer Curtis Loftis said.

Spartanburg, South Carolina inked a $425 million deal that will build a single-A baseball stadium and surrounding residential and commercial development.

While Idalia caused major damage to some municipalities, it had less of an impact than feared since it hit less densely populated areas than Hurricane Ian did last year.

The city is uncoupling Greenville's economic development arm from the local government, with the goal of spurring private sector investment in the city of 72,000.

The fiscal 2024 budget proposal leans on federal funds, better-than-expected tax collections, and a drawdown on reserves to bankroll a wide array of capital work and a boost to state employee salaries.

Comptroller General Richard Eckstrom announced his resignation on Thursday, saying he supports legislative measures to make the office an appointed position.