Southeast

The triple-B ratings assigned to Jefferson County, Ala.'s $1.7 billion sewer warrant deal should be considered "borderline non-investment grade," Standard & Poor's said.

Bankrupt Jefferson County, Ala.'s former financial advisor James White revealed "privileged" information and violated his fiduciary duties, attorneys for the county claim.

Bankrupt Jefferson County, Ala.'s $1.7 billion of new sewer warrants should be rated in the speculative grade B category, Moody's Investors Service said in a special comment.

Pro baseball teams in the Southeast are scoring new ball parks with mixed-use entertainment districts to enhance the fan experience in and outside of the game.

The group of motorists who lost their challenge to the Elizabeth River Tunnels public-private partnership in the Virginia Supreme Court are asking the court to rehear the case, as the commonwealth's governor-elect suggests he is interested in working to lower the planned toll rates for the tunnels.

Georgia Gov. Nathan Deal said net tax collections for October totaled $1.46 billion, an increase of 5.9% percent compared to October 2012.

Fitch assigned preliminary non-investment grade ratings to bankrupt Jefferson County, Ala.'s upcoming $1.7 billion sewer warrant sale.

Fitch expects to assign a BBB-minus rating to bankrupt Jefferson County, Ala.'s upcoming sale of $105 million in GO warrants.

Decatur County, Ga.'s general obligation debt has been downgraded to A-minus from A-plus by Standard & Poor's.

Ocala in north-central Florida is pursuing "Project Homerun," the city's plan to steal the New York Yankees' Class A Minor League Team from Tampa.