Southeast

Denise Canada, appointed by Brad Briner to head state and local government finance, has experience working for the state's local and state governments.

This episode takes us inside The Bond Buyer's recent Southeast Public Finance Conference, where airport finance leaders from Orlando and Tampa discussed shifting passenger trends, modular capital planning, federal grant concerns, and why long-term growth still looks strong.

The rating agency cited concerns about limited unrestricted reserves for lowering its rating outlook for more than $1 billion of debt.

Gov. Ron DeSantis wants property tax cuts and House Speaker Daniel Perez wants a sales tax cut as future state deficits are projected.

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

At a Bond Buyer conference in Atlanta, industry leaders talked about tariff turmoil, the tax-exemption, weather resiliency, infrastructure and more. 

Among the defeated referendums were three for bonds totalling $146 million.

Strong enplanement growth, an expansive number of days of cash on hand and low costs outweigh credit concerns, analysts said.

The muni market is recovering from tariff turmoil, and is more resilient than the day-to-day volatility suggests, Jamie Doffermyre of Truist Securities said.

Moody's Ratings cited low liquidity as a reason for the downgrade.