South Carolina

The South Carolina State Infrastructure Bank picked up $67 million or 15.76% in savings from competitively refunding $425 million of revenue bonds Wednesday.

Officials in Richland County, S.C., have begun public meetings and speaking engagements to educate voters on a $450 million general obligation bond measure.

Municipal bond issuance in the Southeast during the first half of this year was up by 57% to $34 billion - nearly the same amount that was lost between 2011 and 2010.

Two ports in Florida and one each in Georgia and South Carolina will see expansion projects expedited thanks to the Obama administration's "We Can't Wait Initiative."

On Wednesday South Carolina became the last state to adopt a fiscal year 2013 budget.

Massachusetts has a budget for fiscal 2013 while South Carolina remains the only state without one, 11 days into the new fiscal year.

On Monday North Carolina gained a budget but as of Tuesday afternoon Massachusetts and South Carolina remain without valid fiscal year 2013 budgets.

Though the new fiscal year has started, Massachusetts, North and South Carolina still lacked fiscal year 2013 budgets on Monday afternoon.

Delaware, Illinois, Massachusetts, New Jersey, North Carolina, Pennsylvania and South Carolina are about close to blowing a deadline for adopting a fiscal 2013 budget.

Seven States are two and a half day away from blowing a Saturday deadline for adopting a fiscal year 2013 budget.

Richland County, S.C., council members are poised to try to ask voters for the second time in two years to approve a 1-cent, 20-year sales tax to finance nearly $940 million in transit and road projects.

U.S. Bank NA on Tuesday notified holders of the Connector 2000 Association Inc.’s 2011 toll revenue term bonds that an exchange of bonds will take place around May 31.

BRADENTON, Fla. — South Carolina federal bankruptcy Judge David Duncan last week approved a plan allowing investors who want to trade their Connector 2000 Association term bonds to exchange them.

BRADENTON, Fla. — The South Carolina Public Service Authority Tuesday prices $575 million of tax-exempt and taxable revenue bonds, much of which will further work on two new nuclear units cleared for licensing by the U.S. Nuclear Regulatory Commission last week.

Investors holding term bonds exchanged last year as part of the Connector 2000 Association bankruptcy must exchange them a second time after the bonds they received proved to be untradeable for technical reasons.

As of Jan. 1, the consulting firm Wilbur Smith Associates no longer exists in name, and its headquarters have moved from Columbia, S.C., to Cambridge, Mass.

The South Carolina Department of Transportation is suffering from an extreme cash-flow problem, but Gov. Nikki Haley has said she opposes raising the state gasoline tax as a solution.

Moody’s Investors Service Tuesday upgraded the Georgetown County School District’s general obligation rating to Aa3 from A1, affecting $97.2 million of outstanding GOs.

BRADENTON, Fla. — Charleston County, S.C., Wednesday received its third gilt-edged rating, this time from Fitch Ratings, which cited the coastal county's strong finances and diversity in job growth despite the recession.

Standard & Poor’s last week upgraded Greenville’s general obligation bond rating to AAA from AA-plus. The agency also raised the city’s limited obligation bond rating to AA from AA-minus. The outlook is stable.