Southeast

King's Daughters Medical Center will pay $40.9 million to settle allegations of federal health care fraud, a penalty that is among the largest of its kind in Kentucky.

Richard Marvin, a 26-year municipal finance veteran, has joined PFM Group as a director opening an office in Winston-Salem, N.C.

Cobb County commissioners on May 27 approved issuing up to $397 million of revenue bonds for the Atlanta Braves $672 million stadium.

Not long after Citi analysts said they see value in the toll-road sector, the Miami-Dade County Expressway Authority plans to price $340 million of toll-revenue bonds in early June.

Moody's upgraded Charleston County School District, S.C.'s general obligation debt to Aa1 from Aa2 citing its strong financial position.

New Orleans, La., saw a 9.6% increase in sales tax revenues in 2013 thanks largely to growth in population and tourism, and efforts to attract new business

The Internal Revenue Service's tax-exempt bond office is arguing that the technical advice memorandum on the Village Center Community Development District in Florida should be applied retroactively.

The Virginia Tobacco Settlement Financing Corp. plans to draw on reserves Dec. 1 because revenues won't be sufficient to pay debt service.

Cities will get expert assistance to help them attain a holistic economic recovery from the National Resource Network, the Obama administration said.

The Florida Department of Transportation axed a proposal for developers to finance, design, and build the state's first privately operated tolled expressway.