Southeast

A bondholder group is negotiating with the school, which continues to operate.

Gov. Josh Stein said in his State of the State address too many schools are overcrowded or decrepit.

A $150 million housing bonds with a taxable component is anticipated for May and $110 million higher education student loan bonds are also anticipated for that month.

The Southeast has many of the largest ports and cargo airports in the country along with extensive foreign investment that creates exposure to trade turmoil.

State Treasuer Brad Briner said he hopes a longer maximum maturity will lead more borrowers to use the state conduit instead of the Public Finance Authority.

The issuing entity said it has collected enough money to pay all outstanding debt service.

With at least one important aquifer reaching peak allowable draw this year, Florida's water utilities are looking at a variety of infrastructure approaches.

S&P Global Ratings primarily cited a "precipitous decline" in unrestricted cash to explain its triple-notch downgrade of the system.

Bond trustee UMB Trust has engaged Lighthouse Management Group to serve as the receiver.

The planned fiscal 2026 increase in bonding is expected to continue for several years.