Southeast

President Obama's 2015 budget again recommends reducing or cutting the federal government's ties to the Tennessee Valley Authority.

Georgia plans to begin dredging Savannah Harbor even though President Obama's 2015 budget failed to include federal construction funds for the project.

The Florida Legislature considers several bond-related bills this year, including one requiring cities to get voter's OK for all debt sales over $50 million.

Georgia Gov. Nathan Deal applauded Monday's U.S. Supreme Court decision to have the Department of Justice file a brief in the water wars case with Florida.

Moody's dropped the GO bond rating of the Commerce City School District, Ga., three notches to Baa1 from A1 citing its negative fund balance and depleted reserves.

A recent decision by Port St. Lucie, Fla., to postpone refinancing bonds issued for the now-bankrupt Digital Domain is a credit negative, according to Moody's.

A central Florida grand jury is investigating potential hiring improprieties by the Orlando-Orange County Expressway Authority.

Alabama Gov. Robert Bentley plans to sign a bill authorizing the use of state gasoline taxes as a backup pledge to bolster future issuances of Garvee bonds.

PNC Capital Markets LLC hired three veterans to continue the bank's efforts to integrate and expand public finance and banking.

The PFM Group announced Thursday that Jamie Doyle, David Eichenthal, Sarah Hollenbeck, and Sergio Masvidal have all been promoted to managing director.