Southeast

Moody's Investors Service affirmed Florida's Aa1 implied general obligation bond rating, and said the state is unlikely to win a gilt-edged upgrade in the near future.

Bankrupt Jefferson County, Ala., is on a course to make changes in its sewer system rates, with plans to hear from sewer rate consultant, Eric Rothstein.

Miami-Dade County, Fla., this week prices the first of two deals that will bring nearly $1.5 billion of bonds to market within a month.

Some 113 of Florida's cities, counties, and special districts could be declared in a state of financial emergency, according to a recent assessment of fiscal 2011 audits.

DALLAS – Louisiana State Bond Commission has given preliminary approval for $450 million of fixed-rate bonds to refund $294.3 million of bonds issued in 2006 for repairs to the Superdome in New Orleans.

The Internal Revenue Service is auditing $110.4 million of communication system revenue bonds that were issued in 2007 by Lafayette, La. to finance startup costs of the city-owned utility that sells television, Internet and telephone services to residents.

Lehman Brothers Special Financing Inc. claims the trustee for Jefferson County, Ala.'s $3.2 billion of defaulted sewer warrants is improperly withholding its swap payments.

PortMiami's "Deep Dredge" harbor project will be mostly financed with bonds to ready the port for the Panama Canal expansion in early 2015. Miami-Dade County will pick up the federal costs to get the project done.

The West Virginia Legislature is considering pension reform measures as a way of dealing with a $5.6 billion liability.

The Louisiana State Bond Commission will consider options by the Louisiana Stadium and Exposition District to refinance $294 million of variable-rate debt and other obligations for the Superdome in New Orleans.