Southeast

Two high-profile local governmental entities in Florida last week agreed to accept settlements as part of the $65.5 million multi-state agreement over JPMorgan's alleged bid-rigging actions with regard to derivatives.

Jefferson County, Ala., has hired George Tablack as its new CFO.

A trustee and an insurer for Jefferson County's defaulted general obligation warrants Tuesday objected to a motion asking the federal judge overseeing the bankruptcy case to set a deadline for the county to file a plan of adjustment for its debts.

Alabama Gov. Robert Bentley Monday added another $78.3 million in road and bridge projects to $138.5 million already approved as part of the state's largest-ever transportation funding program. The projects are part of a $650 million program to be financed with grant anticipation revenue vehicle bonds.

Voters across Georgia head to the polls Tuesday to decide whether to raise the sales tax by 1% over the next decade to pay for transportation projects. The tax will raise more than $18 billion over 10 years.

The Southeast's largest public water and sewer system needs $1.1 billion in repairs, according to a report to the Miami-Dade, Fla., County Commission this week.

Atlanta area political and business leaders have a solution to traffic that's ranked among the worst in the U.S.: Ask voters to approve a sales tax increase to raise $8.5 billion over a decade for roads and public transportation.

Inova Health System hopes to play on its strength as the largest nonprofit heath-care provider in northern Virginia next week when it sells $500 million of double-A rated bonds.

Moody's Investors Service downgraded the bond rating on Davis Health System, W.Va., to Ba2 from Ba1.

Louisiana needs to do a better job in tracking hundreds of tax exemptions and credits, the president of the Public Affairs Research Council of Louisiana Inc., said.