Southeast

On the last day of the Florida Legislature’s annual session Friday, lawmakers gave Miami an exemption from paying property taxes on the four parking garages it financed for the Miami Marlins’ new baseball stadium.

Bond insurers came and went last week in the Bank of New York Mellon’s legal challenge in Jefferson County’s bankruptcy case.

BRADENTON, Fla. — The Florida Legislature ended its 60-day session late Friday after passing a $70 billion budget for fiscal 2013.

BRADENTON, Fla. — The Bank of New York Mellon will distribute the toll revenues of Florida’s Santa Rosa Bay Bridge Authority to holders of the agency's defaulted bonds later this month.

BRADENTON, Fla. — The 198-bed Citrus Memorial Hospital, near the west coast of Florida, sank further into non-investment-grade territory Wednesday when Moody's Investors Service downgraded its debt to Ba3 from Ba2.

A dispute over the revenue projections for the Dulles Toll Road provides the backdrop for a hearing the Fairfax County, Va., Board of Supervisors is preparing to hold March 20 to decide whether to approve the next phase of construction on an associated rail line.

Investors holding term bonds exchanged last year as part of the Connector 2000 Association bankruptcy must exchange them a second time after the bonds they received proved to be untradeable for technical reasons.

Louisiana companies and individuals cut their state tax bills by almost $5 billion from 2005 through 2010 by claiming coverage under the state’s 464 tax credits and exemptions, the Legislative Auditor’s Office said in a new report issued March 5.

With all but two of 170 precincts in Atlanta reporting early Wednesday, voters overwhelmingly approved renewing a sales tax that supports the city’s water and sewer system.

Fitch Ratings on Monday downgraded the Orlando Community Redevelopment Agency’s tax-increment financing revenue bonds to A from A-plus.