Southeast

U.S. Bankruptcy Judge Alan C. Stout likely will determine in January if Hillview should be the first municipality in Kentucky to qualify for Chapter 9 bankruptcy.

The way Louisiana addressed a $487 million mid-year deficit with one-time budget cuts exacerbates credit pressures facing the state, Moody's Investors Service said.

Georgia expects to save $421 million reconstructing a critical intersection in Atlanta by entering into a public-private partnership with North Perimeter Contractors.

Virginia Gov. Terry McAuliffe said he will include $2.43 billion of bonds in his budget proposal for fiscal 2017 to finance capital projects.

Virginia Transportation Secretary Aubrey Layne opts for P3 financing of a $2.1 billion system of tolled express lanes.

Florida legislators will consider another record state budget, $1 billion in proposed tax cuts, and a new tribal gambling compact as they gear up for an early session starting Jan. 12.

Moody's Investors Service upgraded three of Jefferson County, Ala.’s credits three notches to investment grade citing improved financials and the expanding local economy.

Recent actions by Louisiana lawmakers to close a nearly $500 million budget deficit, amid uncertainties that may lead the state to privately place its next borrowing, could to pressure on the state’s credit ratings, according to Fitch Ratings.

An Alabama federal judge entered judgments approving settlements in the Securities and Exchange Commission’s cases against former JPMorgan bankers Douglas MacFaddin and Charles LeCroy, who were accused of wrongdoing in the Jefferson County, Ala. sewer financings.

Mobile, Ala., next week will file a protest and an appeal of the Internal Revenue Service’s proposed adverse determination that some general obligation refunding and improvement warrants it issued in 2006 are taxable.