Southeast

The number of Louisiana state employees has fallen by more than 6,400 workers in the first two years of Gov. Bobby Jindal’s administration.

The Florida PACE Funding Agency short-listed firms on Friday to negotiate for banking and administrative services.

Federal Bankruptcy Judge Thomas Bennett has scheduled a hearing for March 23 to hear Assured Guaranty Municipal Corp.’s legal motion for relief from Jefferson County, Ala.’s bankruptcy.

David Hooks was hired last week to be Jefferson County’s director of capital structure and investments, according to the Birmingham News.

St. Petersburg-based Raymond James Financial announced that it has cleared a significant procedural hurdle in its acquisition of Morgan Keegan & Co.

BRADENTON, Fla. — Alabama Gov. Robert Bentley is proposing to sell as much as $500 million of grant anticipation revenue vehicle bonds to finance upgrades to road and bridges in projects that his office would select after consulting with local leaders around the state.

BRADENTON, Fla. — The Orlando-Orange County Expressway Authority approved an agreement with the state Wednesday to move forward with one of Florida's most expensive toll roads: the nearly $2 billion Wekiva Parkway.

WASHINGTON — A Fluvanna County, Va., circuit court judge on Thursday dismissed the lawsuit the county's Board of Supervisors had filed against their former financial advisor, Davenport & Co., after agreeing with the firm that the court could not decide the case under the state constitution's separation of powers doctrine.

The Virginia House of Representatives has stripped language creating a statewide tolling authority from legislation proposed by Gov. Bob McDonnell, rejecting a model of road finance that has fallen out of favor in recent years but remains viable for other states, according to transportation experts.

Fluvanna County, Va.'s Board of Supervisors and its former financial advisor, Davenport & Co., present two different versions of the December 2008 bond financing for a new high school in documents filed in connection with the board's lawsuit against the firm.