South Carolina

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.

Volkswagen will benefit from the largest economic development deal in South Carolina history as it launches a new, all-electric brand of Scout SUVs and pickups.

A legislative investigation found Comptroller General Richard Eckstrom responsible for an error that was overlooked for a decade and ballooned to $3.5 billion.

Benjamin was mayor of Columbia from 2010 to 2021, leading the city through a time of tremendous growth.

Southeast states are generous with incentives for electric vehicle factories; less so for people and businesses who operate EVs.

York County priced a $24.6 million deal to help recoup costs of the purchase of a private water utility that wasn't "up to par," according to county officials.

Gov. Henry McMaster wants to fuel capital development while avoiding new debt and is asking lawmakers to approve billions in one-time allocations.

The administration of Gov. Henry McMaster has sought to claim a stake for the state in the electric vehicle and EV battery manufacturing space.

Annual contributions to the General Reserve Fund will increase to 7% of the previous year's revenue from the current rate of 5%.

The market has seen outflows for 13 straight weeks, per Refinitiv Lipper, but Nuveen strategists Anders S. Persson and John V. Miller said "selling is due primarily to investors harvesting tax losses."

South Carolina-based Jasper Pellets borrowed $12.5 million in private activity bonds in 2018. A deal to settle the firm's Chapter 11 bankruptcy pays the debt.