Southeast

Such a bank would be a "revolving financing tool that allows us to stretch dollars further, leverage federal programs without surrendering control, and deliver more projects without raising taxes," Gov. Jeff Landry said. 

The offer was revealed in a disclosure statement and plan of reorganization in the Chapter 11 bankruptcy.

Brightline asked S&P to withdraw its rating after the latest downgrade.

Moody's cited the district's narrowing financial position as its available fund balance sank to 4.8% of revenue in fiscal 2025.

Rapidly rising property values have led many Republican legislators to back measures that would substantially reduce local government property taxes.

The agency cited strong student demand as a factor of its uprade to the FIU's issuer default rating.

The Republican governor and GOP leaders of the state House and Senate will negotiate over three budget visions and a plan to cut local property tax revenue.

The commission also approved developing a plan to refund $286 million of bonds.

Huntsville Healthcare Health System plans to use a private placement to make the $450 million purchase and then refinance with bonds in late 2027.

Although Lee County has been a tourist destination, since COVID, its year-round population increased.