Southeast

Miami Beach is participating in the two-year RE.invest Initiative funded by the Rockefeller Foundation to help the city rethink the way it designs, plans, implements, and finances infrastructure.

Florida municipalities experienced a "slight improvement" in their overall financial state, and could budget reserves for emergencies now, the Florida League of Cities said.

The Tuomey Healthcare System in South Carolina Tuesday notified investors that S&P downgraded its bonds to BB because of a federal court ruling that could render it insolvent.

The Georgia Institute of Technology's recent announcement that it will offer the first low-cost online master's degree in computer science is a credit positive, according to Moody's Investors Service.

Atlanta-area businesses agreed to tax themselves to secure $10 million in bond financing to help reconstruct one of the region's busiest and most congested interchanges.

The Internal Revenue Service is auditing $11.04 million of educational facilities revenue bonds that Sarasota County, Fla. issued in 2010, the proceeds of which were lent to the nonprofit Sarasota School of Arts and Sciences, Inc. to finance charter school facilities.

The Rockefeller Foundation selected eight cities to participate in the RE.Invest Initiative, a national effort to support sustainable infrastructure that includes financial advice on P3 options.

Louisiana will structure an $806 million refunding of tobacco settlement revenue bonds to provide savings of $143 million over three years.

Miami-Dade County's proposed $12.6 billion water and sewer system capital plan is already attracting firms interested in public-private partnerships, Mayor Carlos Gimenez said.

The Virginia Department of Transportation begins a series of meetings to take public comment on the draft six-year work program being considered by the Commonwealth Transportation Board.