Southeast

Plummeting oil and gas revenue collections in Louisiana that have added to a growing deficit in fiscal 2015 and 2016 are a credit negative for the state, according to Moody's Investors Service.

The Securities and Exchange Commission has filed a motion for summary judgment in its securities fraud case against two former JPMorgan bankers involved in Jefferson County's sewer deals and swaps.

Alabama State University's long-term ratings were dropped far into junk territory, to B from BBB-plus, by Standard & Poor's Jan. 30 due to the “significant” erosion of reserves.

Public power utilities in five southern states most likely face fiscal challenges in complying with the EPA's Clean Power Plan, a new index by Fitch Ratings shows.

The Georgia General Assembly plans to debate a bill that would provide more than $1 billion in new transportation funding in this year's session.

The governors of Kentucky and Ohio plan to lower the $2.6 billion construction cost of the Brent Spence Bridge project in order to move the long-planned, bi-state venture forward.

Florida Gov. Rick Scott recommended a $77 billion budget and new tax cuts for the upcoming fiscal year.

The trustee for the Santa Rosa Bay Bridge Authority's defaulted bonds wants a toll increase for the Garcon Point Bridge but north Florida residents are opposing the plan.

The Georgia Supreme Court holds oral arguments Feb. 3 in three appeals opposing the public financing for the Atlanta Braves’ new stadium in Cobb County.

The Kentucky State Property and Buildings Commission plans to proceed with this week's pricing of $385.5 million in bonds, weather permitting.