Tennessee

The massive I-285 East express lanes project in metro Atlanta will be procured in two phases.

"Illinois is just pure mismanagement," Ryan Frost, managing director of the Reason Foundation's Pension Integrity Project, said.

Fitch cited the system's operating performance and plans for up to $4.2 billion in addional debt.

New guidelines require local governments to receive the state's comptroller's approval before issuing debt with variable interest rates, put options, or interest rate reset options.

Moody's based this downgrade on the lowering of the rating of the United States government.

The coming fiscal year will have more than 10 times the state bonding as the current fiscal year.

S&P Global Ratings primarily cited a "precipitous decline" in unrestricted cash to explain its triple-notch downgrade of the system.

The planned fiscal 2026 increase in bonding is expected to continue for several years.

The school wants to be able to offer bonds supported by its general fund and not just bonds its revenue streams.

Principal Street Partners will acquire the bankrupt firm that specialized in high-yield bonds issued for senior living facilities and charter schools.

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.

The $80 million bond deal will build a ballpark for the Chattanooga Lookouts that city officials say will revitalize a neighorhood.

Fitch cited economic and demographic factors in explaining the downgrade.

S&P cited increased near-term capital needs in explaining the lowered outlook.

The state has selected a stretch of Interstate 24 between Nashville and Murfreesboro to be its first "Choice Lane," an optional toll lane to bypass congestion.

Both ratings agencies cited the health system's improved liquidity in recent years.

The county commission gave final approval to a nonprofit hospital bond and preliminary approval to a county government bond.

The new law was modeled after a North Carolina law and its use in Charlotte, said Matt Wiltshire, president of Pathway Affordable Housing Corporation, which works to develop affordable rental housing in Nashville.

The state expects to release a RFQ for interested consortiums later this year and has named I-24 as the first toll lane project.