Southeast

Kentucky Gov. Steve Beshear has signed House Bill 1 into law imposing greater transparency and oversight requirements over the state's more than 1,200 special districts.

Atlanta Mayor Kasim Reed is proposing a fiscal 2014 general fund budget of $538.65 million, which is a decrease of $3.65 million over the current year's budget due to a continuing decline in property tax revenues.

Louisiana will avoid $110 million in swap termination penalties with a $303.1 million refunding on May 16 approved by the State Bond Commission.

Citi will serve as senior underwriter on Louisiana's $823 million restructuring of tobacco settlement revenue bonds, with up to $100 million of upfront savings.

Florida Legislators passed a $74.5 billion budget on Friday but the House turned down the Miami Dolphins' funding request toward $400 million in stadium improvements.

Louisiana Treasurer John Kennedy is critical of a plan to use savings from an $823 million refunding of tobacco settlement bonds to bolster the fiscal 2014 state budget.

A bill reducing the exposure and potentially reducing future bond issuance by Florida's Citizens Property Insurance Corp. is headed to Gov. Rick Scott's desk.

A Virginia Circuit Court judge has ruled that the financing mechanism of the Elizabeth River Crossings project in the southeastern part of the state is unconstitutional, calling into question the future of the multi-billion dollar public-private partnership and other Virginia P3s.

The North Carolina Department of Transportation is conducting new environmental studies for the $802 million Monroe Connector/Bypass toll road for which much of the debt has already been sold.