Southeast

Florida lawmakers are close to an agreement that would establish a new bond financing program that allows certain municipal utilities to securitize customer charges.

The North Broward Hospital District in Florida saw Moody’s Investors Service drop its bond ratings three notches to Baa2 amid a severe decline in revenue and new probes into its operations.

Improvement in Atlanta’s fiscal health led Moody's Investors Service to upgrade the city’s general obligation debt to Aa1 from Aa2.

The Internal Revenue Service is preliminarily challenging the tax-exempt status of bonds issued in December 2010 by the Three Rivers Solid Waste Authority in South Carolina to provide permanent financing for a system to treat and deliver methane gas from a landfill site to Kimberly-Clark Corp.

The Kentucky State Property and Buildings Commission plans to price $663.5 million of new and advance refunding bonds Tuesday, starting with a retail order period.

Moody's Investors Service downgraded Louisiana’s credit ratings by one notch, impacting $7.3 billion of debt; the state’s general obligation bonds were dropped to Aa3 from Aa2 amid the state’s fiscal crisis.

The South Carolina-based law firm of Pope Flynn has hired Tom Havener as a public finance tax attorney, the firm announced Tuesday.

In the Southeast, pent-up need for capital and low interest rates translated into a five-year high for bond issuance in 2015.

Eight Louisiana universities face budget cuts amid the state's fiscal crisis, prompting Moody's Investors Service to place the institutions on review for possible downgrade.

Georgia's recently enacted supplemental state budget dedicates $750 million to transportation projects.