Southeast

Georgia is once again in the crosshairs of a water-rights dispute as neighboring Alabama and Florida filed appeals with the U.S. Supreme Court on Monday.

Standard & Poor’s last week affirmed its C rating on $2.3 billion of Jefferson County’s sewer system revenue warrants.

The Jefferson County Commission Tuesday voted to hire a director of capital structure and investments to manage the $4.2 billion of debt that was placed into bankruptcy in November.

BRADENTON, Fla. — Metropolitan Atlanta Rapid Transit Authority officials said Tuesday that the American Energy and Infrastructure Jobs Act creates funding uncertainties because it would eliminate federal fuel taxes now dedicated for transit agencies.

BRADENTON, Fla. — Tennessee hopes that historically low interest rates will fuel its high-grade refunding deal this week with far greater savings than the state's 4% threshold for refinancings.

BRADENTON, Fla. — A bill moving swiftly through the Florida Senate could threaten the fiscal stability of the state's 67 public school districts and endanger funds that already secure bonds, according to school officials and some lawmakers.

BRADENTON, Fla. — Facing a 25% shortfall in the general fund, Alabama Gov. Robert Bentley said during his state of the state address Tuesday night that he would not raise taxes.

The University System of Georgia is consolidating eight of the state's 35 colleges and universities in a move that may be replicated around the country as higher education institutions continue to deal with state budget cuts.

Virginia Gov. Bob McDonnell said two major energy initiatives that would bring new revenues to the state and create thousands of jobs are moving forward in separate federal approval processes.

The underfunded retirement system that provides pensions for police officers of the Port of New Orleans could run out of money in 2020, the Louisiana legislative auditor’s office said in a report issued Monday. It said the Harbor Police Retirement System was only 56% funded as of fiscal 2010, with benefit liabilities of $21.3 million and assets of $11.8 million.