Southeast

BRADENTON, Fla. — DeKalb County, Ga., next week plans to price $380 million of water and sewer revenue bonds in the first of several deals that will finance portions of its $1.34 billion, five-year capital improvement program.

Standard & Poor's on Tuesday lowered a portion of the Tennessee Valley Authority's debt to AA-minus from AA-plus because the authority is less likely to receive support from the federal government in times of distress, the rating agency said.

Louisiana Gov. Bobby Jindal will be sworn in for a second four-year term Jan. 9 at an inauguration he said would be smaller than the first one.

The trustees of the West Feliciana Parish School Board will consider a plan next month to call a property tax renewal election in April 2012.

The City Council of cash-strapped Miami learned recently that it may be forced to pay property taxes on four parking garages nearing completion to service the Marlins' new baseball stadium, according to the Miami Herald.

In a recent report affirming the Birmingham Airport Authority's A-minus rating, Fitch Ratings said that it would be evaluating the potential effects of surrounding Jefferson County's bankruptcy filing.

BRADENTON, Fla. — The federal judge in Jefferson County's bankruptcy case on Monday struck down two arguments by the receiver in charge of the Alabama county's sewer system supporting the contention that the receiver should remain in place.

A health care issuer and borrower in Mississippi are discussing the possibility of entering into a voluntary agreement with the Internal Revenue Service to settle tax law violations that occurred after some bond-financed equipment was sold to a private group.

BRADENTON, Fla. - Standard & Poor's has reinstated its AA-minus rating on DeKalb County, Ga.'s senior water and sewer bonds as the county in suburban Atlanta prepares a nearly $400 million utility system deal.

BRADENTON, Fla. - A newly appointed member of northwest Florida's Santa Rosa Bay Bridge Authority has filed a complaint with the Securities and Exchange Commission, citing what he calls trading irregularities in some of the agency's $116 million of defaulted bonds.