Southeast

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.

The Atlanta City Council approved a $1.9 billion budget for fiscal 2016 budget without tapping reserves.

The Florida-based law firm of Holland & Knight has added Michael Millett as an associate with the firm’s public finance team in Tampa.

The federal government extended All Aboard Florida’s $1.75 billion private activity bond allocation, relieving pressure on the private train owner to issue the bonds as legal challenges proceed.

A Virginia judge approved a mediated deal June 22 that will keep Virginia's Briar College open for another year and release endowment funds.

Florida Gov. Rick Scott quietly signed a $78.2 billion budget into law Tuesday, the third straight fiscal year of record spending for the Sunshine state.

A technical advice memorandum concluding that the Village Center Community Development District in Florida was not a political subdivision that could issue tax-exempt bonds will not apply retroactively, the Internal Revenue Service chief counsel’s office said.

The Florida Legislature ended a special session June 19 after adopting a $78.7 billion record budget for fiscal 2016 that is now being challenged in court by environmentalists.

Jacksonville, Fla., reached a deal with the Police and Fire Pension Fund trustees Friday to overhaul benefits and contribute catch-up payments to address a $1.7 billion unfunded liability.

Louisiana Citizens Property Insurance Corp.’s bonds got a two notch upgrade to A1 from Moody’s Investors Service ahead of a planned $350 million refunding.