Southeast

DALLAS — The Louisiana State Bond Commission named Citi as senior managing underwriter for a negotiated sale of $400 million of state gasoline and fuels-tax revenue refunding bonds.

Jacksonville officials hope to net big savings next week when they price $557.5 million of refunding bonds.

WASHINGTON — The Fluvanna County Board of Supervisors voted 5-0 to petition the Virginia Supreme Court for an appeal of a lower court's dismissal of their lawsuit against former financial advisor Davenport & Co. over $67.5 million of 2008 bonds.

The Clay County, Tenn., Gas Utility District has again extended and modified its tender offer.

Georgia’s net tax collections for February were $765 million, an increase of nearly $50 million, or 7%, compared to a year ago.

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.