Southeast

The Bluegrass State will issue debt for operations and capital needs at the University of Louisville Health Medical Center.

Signs of an economic downturn appeared in April revenue collections, said Tennessee's Finance and Administration Commissioner Butch Eley.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

Developers say construction will continue on the 310-unit apartment complex in Gainesville, near the University of Florida, during the Chapter 11 process.

State officials estimate revenue shortfalls could reach more than $2 billion, but also believe the magnitude of budget trouble is "highly uncertain."

State lawmakers will return to Columbia for a two-day session that will also determine what to do with embattled state-owned utility Santee Cooper.

The loss of $1.03 billion in revenues prompted state lawmakers to ask congressional delegates to support a $500 billion relief package for states.

The city will ask the Louisiana State Bond Commission to authorize issuing up to $100 million of revenue notes.

The board of the troubled Jacksonville, Florida, utility voted to hire Paul McElroy as interim CEO.

S&P Global Ratings said balancing the state budget "will be met against a growing cloud of uncertainty” between the recession and COVID-19.