Southeast

Atlanta-based Asset Preservation Advisors recommends that investors remain “highly selective” when purchasing Kentucky’s bonds due to the state’s high pension liability.

The Virginia Supreme Court is ordering a lower court to take another look at legal efforts to prevent the financially troubled Sweet Briar College from closing.

The United States Supreme Court is poised to decide whether or not to hear the case of former Miami budget director Michael Boudreaux, whose attorneys told the nation's top court it should accept the case to decide an important question of how exposed municipal officials should be to federal government lawsuits.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

Alabama Gov. Robert Bentley vetoed the state’s fiscal 2016 general fund budget after warning the GOP-led Legislature that the plan cut too deeply into essential government services.

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

The state of Georgia plans to price $1.3 billion of triple-A general obligation bonds on Tuesday, while Atlanta prices a $252 million GO offering on Wednesday.

Virginia will decide in November whether to proceed with $3 billion toll lane project as P3 or use conventional financing.

The Florida Development Finance Corp. postponed a June 10 meeting that was scheduled to consider the bond resolution for All Aboard Florida’s $1.75 billion of private activity bonds.

The North Carolina Eastern Municipal Power Agency received the Local Government Commission’s authorization Wednesday to issue $550 million of new taxable bonds for its asset sale to Duke.