Southeast

The underwriting firm's hires will expand its real estate development finance group and Southeast operations.

Treasurer Brad Briner said the unused money was in state accounts for years.

The rating agency cited increases in enrollment and improved net tuition revenues.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Virginia Gov. Glenn Youngkin is touting a $4.7 billion reserve fund as he prepares to leave office and possibly seek a presidential run while an academic study predicts headwinds for the state's economy.

The State Bond Commission approved 21 municipal entities' elections on tax increases for infrastructure projects, with the increases possibly supporting bonds.

RBC Capital Markets will be the underwriter for the bonds, which will have a maximum maturity of 40 years.

Dan Hartman of PFM attributed the drop to fewer prepaid gas deals, one-time large transactions last year like Jefferson County's and normal timing variations.

Hastedt says the city plans two bond sales this fall.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.