Southeast

A statewide grand jury on public corruption said the "squandering of hundreds of millions of taxpayer dollars for a mediocre product" saddled the Broward County School District with debt while leaving some areas of the county with overcrowded schools and others with vacancies.

Louisiana will enter the new-money market Tuesday for the first time since 2009 with a competitive sale of $300 million of general obligation bonds.

WASHINGTON — Supporters of the Florida high-speed rail project are scrambling to come up with options to preserve it after Gov. Rick Scott rejected $2.4 billion of federal funding last week.

BRADENTON, Fla. — The Kentucky Asset/Liability Commission Wednesday expects to price $269.7 million of taxable notes, though the timing of the sale depends on another major taxable deal that may hit the market this week.

DALLAS — Louisiana will use floating-rate bonds with a three-year hard-put maturity to refinance $200 million of variable-rate general obligation bonds issued in 2008 for debt-service relief to hurricane-battered local issuers.

BRADENTON, Fla. — Florida Gov. Rick Scott Wednesday rejected $2.4 billion in federal funding toward the state’s $2.6 billion high-speed rail project from Orlando to Tampa before reviewing the most recent ridership and revenue study.

BRADENTON, Fla. — A plan to cut $500 million of costs from the $4.1 billion Louisville-Southern Indiana Ohio River Bridges Project has triggered the need for additional federal environmental studies.

BRADENTON, Fla. — Fitch Ratings downgraded Nashville’s water and sewer bonds on Thursday to AA-minus from AA, in part because of a consent decree that could require up to $1.5 billion in capital expenditures.

BRADENTON, Fla. — The Birmingham Commercial Development Authority is selling $72.02 million of revenue bonds Tuesday to finance a hotel and entertainment district in an effort by Alabama’s most populous city to attract larger conventions.

BRADENTON, Fla. — A new study of pension and health care liabilities confronting Florida’s cities and counties found that those annual combined costs made up an average of 8.1% of the spending by the state’s 67 counties and 8.3% of spending by 50 cities.