Southeast

The Louisiana Legislature has significant leeway on when it has to reimburse the state’s rainy-day fund, under a ruling last week from Judge Kay Bates in favor of the state.

Two Kentucky senators are co-sponsoring a bill that would ban tolls on existing Interstates, according to the Courier-Journal.

The Georgia Legislature is considering a $300 million infusion of additional gas tax funds to shore up funding to build the first phase of the West by Northwest traffic-congestion relief project around Atlanta.

Phil Allen, a veteran finance official in Florida and the director of Port Everglades, retired Feb. 3.

Jefferson County, Ala., said it has not used sewer system revenues for unauthorized expenses as alleged by the trustee for the county's $3.14 billion of defaulted sewer warrants.

BRADENTON, Fla. — The Bank of New York Mellon on Friday filed a complaint for declaratory judgment alleging that Jefferson County, Ala., has misused sewer system revenues that otherwise would go to pay debt service.

Florida's auditor general found increasing financial stress among cities, counties and special districts after reviewing hundreds of audits and financial statements filed in fiscal 2010.

Parker Poe Adams & Bernstein LLP recently promoted Rebecca Joyner to partner in its Raleigh, N.C., office.

WASHINGTON — The Internal Revenue Service is auditing $31.59 million of Series 2004A first mortgage revenue bonds that were issued by the St. Johns County Industrial Development Authority in August 2004 to help Presbyterian Retirement Communities Inc. and its affiliates finance improvements to eight retirement centers in Florida.

BRADENTON, Fla. — Syncora Guarantee Inc. on Thursday joined a dozen creditors seeking to appeal various rulings by the federal judge in Alabama overseeing Jefferson County's bankruptcy case.