Southeast

The state was one of three where one person was responsible for deciding how to invest pension money.

The bond panel approved $215 million in public facilities revenue bonds and $125 million in housing bonds.

Southeast state governments are among the most dependent on federal Medicaid, SNAP and FEMA funding.

The action follows an upgrade for the sole purchaser of its power.

The North Carolina Office of State Budget and Management says the state will have widening deficits starting in fiscal 2026 unless changes are made.

A legislative office predicted the tax cut package would lead to a loss of $500 million a year rather than be revenue neutral.

The $44 million of unrated bonds, placed only with qualified investors, feature 9.5% coupons.

Main Street Natural Gas, a blended component unit of Georgia Gas, issues most of the authority's debt.

This is the first time the Georgia Housing and Finance Authority is bringing a PAC tranche in several years.