Southeast

Bonds issued by the Village Center Community Development District in Florida, the subject of a years-long audit and a controversial technical advice memorandum, are taxable private-activity bonds, the IRS said in a new notice of proposed issue.

Assured Guaranty will provide Kentucky's Paducah Power System with surety bonds to free up some debt service reserves at the cash-strapped utility, according to PPS officials.

Opponents of North Carolina's plan to toll portions of Interstate 77 north of Charlotte have filed a lawsuit in an attempt to block the express-lane project.

Gov. Nikki Haley will support an increase in South Carolina's gas tax if it is tied to a reduction in the state's income tax and overhauling the DOT.

The All Aboard Florida private passenger train project has received a $1.75 billion federal private activity bond allocation along with conditions that impose a tight timeframe to issue the debt..

The Florida Department of Transportation has launched plans for a series of Interstate express lanes to be built in the Tampa Bay area.

Georgia Gov. Nathan Deal has proposed a $44.6 billion budget for fiscal year 2016, which is a 3.15% increase over the current spending plan.

The recently announced move by Mercedes-Benz to relocate its U.S. headquarters to Atlanta is credit positive for Atlanta and Fulton County, Moody's Investors service said Jan. 15.

The East Baton Rouge Parish, La., City Council decided not to hold a referendum in May on whether to issue $335.6 million in bonds for public safety improvements.

The Louisiana State Bond Commission Thursday gave its approval for the New Orleans Aviation Board to issue up to $700 million for a new terminal.