Southeast

A bill proposed by Louisiana Senate President John Alario, R-Westwego, would allow an ailing member of the Revenue Estimating Conference to designate an interim stand-in, and avoid a potential delay in revenue estimates needed to develop the state budget.

Tampa Bay Water, a regional supplier for three counties on the west coast of Florida, counted on winning $100 million for what it claimed was a faulty reservoir design.

With less than two weeks left in the 2012 legislative session, Alabama lawmakers have yet to consider bills that would provide fiscal relief to Jefferson County, the state's most populous county and home to Birmingham.

Tuesday afternoon the Birmingham News reported a federal district judge ruled that the county's creditors could appeal the county's eligibility to file for Chapter 9.

Birmingham, Ala.-based Balch & Bingham LLP will expand its public finance practice next month with the addition of the seven bond attorneys from Presley Burton & Collier LLC.

A $300 million bond issue designed to keep tolls down on the controversial Dulles Toll Road may be in jeopardy as the Virginia General Assembly votes on a proposed budget that does not include the authorization for the debt.

Memphis-headquartered Pinnacle Airlines Corp. filed for Chapter 11 reorganization on Sunday.

Preliminary, unaudited figures indicate New Orleans balanced its budget in 2011, according to chief administrative officer Andy Kopplin.

A proposal to issue $325 million of revenue bonds to upgrade and repair state rural roads was approved by the Louisiana House Tuesday without a dissenting vote.

The Georgia Department of Transportation said Tuesday it and federal agencies have officially begun preparation of an environmental impact statement on the proposed multi-modal passenger terminal in Atlanta.