Southeast

Over 1,400 of Alabama’s public school and college employees plan a mass exodus from their jobs on Dec. 1 due to mandated health insurance fee hikes, according to the Birmingham News.

BRADENTON, Fla. - The financially troubled Clay County Gas Utility District in Tennessee said Tuesday that it would redeem $200,000 of its $3.25 million of outstanding gas system revenue bonds on Dec. 1.

The Internal Revenue Service closed its audit of $28.72 million of special assessment bonds issued by the Bartram Park Community Development District in Jacksonville, Fla., in 2005 without any changes to the tax-exempt status of the bonds.

BRADENTON, Fla. - Triple-A rated Georgia on Tuesday plans to competitively sell $401 million of new and refunding general obligation bonds.

DALLAS - Repairing and replacing New Orleans' damaged and obsolete water utility infrastructure will require more than $1 billion of new revenue debt by 2020 and a doubling of customer rates to finance and operate the water, sewer and drainage networks, a report warns.

BRADENTON, Fla.- The Florida Hurricane Catastrophe Fund is "dangerously overexposed" and should be downsized because unpredictable market conditions could prevent it from selling enough bonds to pay claims, according to the agency's executive director, Jack Nicholson.

A North Carolina subcommittee was to meet for the first time this week to “study potential options to provide relief to customers of the joint municipal power agencies from high electric rates.”

The Louisiana State Bond Commission last week approved $300 million of funding for capital improvement projects on the Legislature’s capital outlay list.

Bobby Jindal was re-elected to a second four-year term as Louisiana’s governor on Oct. 22, carrying all 64 parishes and collecting 673,000 of the 1.02 million votes cast in the open primary.

Only 31% of voters approved a $561 million bond proposal by the Lafayette Parish School Board on Oct. 22. The final tally was 29,557 to 13,264.