Southeast

BRADENTON, Fla. — The fiscal distress in Jefferson County has elicited renewed calls from a financial analyst for investors to be cautious when buying debt sold by issuers from Alabama.

BRADENTON, Fla. - Triple-A rated Georgia on Tuesday is set to competitively price nearly $1 billion of new-money and refunding bonds in its largest single-day sale ever.

BRADENTON, Fla. - Alabama Attorney General Luther Strange Wednesday filed a motion to intervene on behalf of Jefferson County's sewer ratepayers in the receivership case involving the county's sewer system.

DALLAS - The Louisiana State Bond Commission will meet July 21 with four firms seeking to become the state's next financial adviser.

BRADENTON, Fla. - South Miami is seeking a taxable bank loan to fund a settlement with the Internal Revenue Service over impermissible uses of tax-exempt bond and bank loan proceeds to build a parking garage.

BRADENTON, Fla. — The receiver appointed to take charge of the debt-laden sewer system in Jefferson County is recommending that rates be increased to counter a decline in the number of customers, maintain the system and pay outstanding debt.

Tennessee Comptroller Justin Wilson reminded local governments in a recent letter that they are required to draft and adopt their own debt-management policies by Dec. 31.

North Carolina Gov. Beverly Perdue on Sunday vetoed the $19.7 billion budget sent to her by the Republican-controlled Legislature.

A bill to phase out Lousiana's personal income tax over 10 years at a cost of more than $5 billion a year of lost revenue was approved Monday by the House Committee on Ways and Means.

A detailed analysis of cost-saving measures for the Louisville-Southern Indiana Ohio River Bridges Project says at least $1.2 billion could be trimmed off the previously estimated $4.1 billion price tag.