Southeast

The Tuomey Healthcare System is fighting what it calls improper federal efforts to subordinate bondholders while it appeals a massive fraud judgement.

The Internal Revenue Service is auditing $12.84 million of unlimited tax school building bonds issued in 2010 by the Anahuac Independent School District in Texas as part of an examination of small governmental bond issues.

Florida Gov. Rick Scott recommended a $74.2 billion state budget for fiscal 2015, and $2.7 billion in bonds for transportation projects.

Georgia Gov. Nathan Deal is proposing a $42 billion fiscal 2015 budget that includes authorization for $763 million of state general obligation bonds.

For the first time, the South Florida Bond Traders Association will include issues of interest to the municipal bond market in its Feb. 6-8 conference.

A new report says Kentucky and Indiana saved $300 million on the Ohio River Bridges Project primarily because of design and construction efficiencies.

Louisiana Gov. Bobby Jindal recommended a $24.9 billion budget for fiscal 2015, which is $623.7 million less than the current budget.

Former Florida state Rep. Steve Precourt has declined an offer to be the executive director of the Orlando-Orange County Expressway Authority.

Moody's Investors Service dropped Alabama State University's bond ratings to Baa1 from A3 amid a forensic audit that began in 2012, and remains incomplete.

Miami and former budget director Michael Boudreaux have requested a jury trial and denied most of the Securities and Exchange Commission's fraud allegations in recent federal court filings.