Southeast

“Very strong” fiscal management through the recession won Stafford County, Va., a coveted general obligation bond rating upgrade to triple-A from Standard & Poor's.

Virginia ended fiscal 2015 with its largest-ever year-end surplus, according to Gov. Terry McAuliffe.

Less than two weeks into the 2016 fiscal year, Louisiana Gov. Bobby Jindal has ordered budget reductions and a hiring freeze.

Conditions in Jefferson County, Ala. are improving after its bankruptcy exit and the county is preparing for its first municipal bond market appearance since its 2013 exit from bankruptcy, said County Commission President Jimmie Stephens.

Virginia will recoup $149 million of the more than $280 million the state spent on a cancelled $1.4 billion toll road P3.

North Carolina joined several states this week entering extended legislative sessions to finish work on budgets for fiscal 2016, which began July 1.

Mary A. Packer, president of PK Securities in Boca Raton, Fla., died May 25 at the age of 63.

Steps to reform Jacksonville, Fla.'s public safety pension plans are a credit positive, Moody's Investors Service said in a special comment June 29.

The Georgia Supreme Court Monday ruled that $368 million of bonds to finance the Atlanta Braves' $672 million baseball stadium were properly validated by a lower court.

A federal judge in Alabama has ordered mediation in the Securities and Exchange Commission’s pay-to-play suit against two ex-JPMorgan bankers involved in Jefferson County sewer deals.