Southeast

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Over the next 10 years, the Division of Bond Finance forecasts about $1.8 billion of net tax-supported debt will be issued, mostly for transportation projects.

“Our state’s strong economic recovery has accelerated back to pre-pandemic levels for unemployment and GDP,” said Gov. Bill Lee.

Lokken is a public finance attorney with 20 years of experience representing issuers, borrowers, underwriters and purchasers.

Gov. Ron DeSantis’ proposed fiscal 2022-2023 budget is down 1.8% from the previous adopted budget amid generous federal coronavirus relief funding.

Owner Fortress Investment Group can sell short-term debt with proceeds escrowed until the Florida conduit issuer OKs its remarketing as long-term debt.

The action on East Laurinburg is the first time the Local Government Commission used its new power to dissolve an economically unsustainable municipality.

The municipal market is poised to absorb the late-year burst of supply as market technicals are expected to remain positive through year end.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.