State of Georgia

Another big week lies in store for the municipal bond market, with a variety of big name issuers ready to sell bonds.

The bid to have the state government edge out Atlanta for control of the busy airport remains active for next year's legislative session.

A bill moving through the state legislature would wrest the airport from the city's control and place it under a state authority.

Ron DeSantis in Florida focuses his bond priorities on Transportation while Georgia's Brian Kemp wants to fund statewide capital needs.

Gov. Nathan Deal, who leaves office Monday, said incoming state revenues were down 4.5% in December compared to 2017.

Gov. Nathan Deal said tax revenue collections fell 0.7%, though year-to-date collections are up nearly 7%.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

The U.S. Supreme Court case heightens the risks for Georgia, because authorities could be forced to borrow to build alternate water systems.

The opinion said Florida met its initial burden in proving that a cap on Georgia’s water withdrawals could be considered further.

Municipal bonds were ending stronger on Tuesday as several large, high-grade deals led by Georgia and Denver swept into the market.