Southeast

  • Georgia

    The Atlanta City Council Monday approved issuing $145 million of new and refunding taxable bonds for Philips Arena, home to the National Basketball Association's Hawks and the Atlanta Thrashers, a National Hockey League expansion team.

    August 19
  • Virginia

    The Buena Vista, Va., City Council plans to meet Thursday to discuss the possibility of hiring a financial adviser to help it devise a workout solution for a troubled $9.2 million bond issue that could force it to lose its city hall, police station, and other municipal buildings.

    August 18
  • The Santa Rosa Bay Bridge Authority could deplete its debt-service reserve in the current fiscal year, which could result in a payment default next July, Florida Department of Transportation officials said Wednesday.

    August 18
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  • South Carolina

    The Richland County No. 2 School District expects to competitively price $136.6 million of bonds Tuesday, including refunding and taxable qualified school construction bonds.

    August 18
  • Louisiana

    New Orleans has only $1.2 billion available to finance $1.5 billion of recovery projects announced in 2009 by former Mayor Ray Nagin, city officials said last week.

    August 18
  • Louisiana

    Sales and vehicle tax revenue in East Baton Rouge Parish fell 4% in June from last year, continuing a string of skimpy collections since the start of 2010.

    August 18
  • Georgia

    Georgia Gov. Sonny Perdue named Tommy Hills on Monday as the state's new treasurer, effective Sept. 1. Hills has been the state's first-ever chief financial officer since 2003. He succeeds retiring Dan Ebersole, who served 13 years.

    August 18
  • Jefferson County commissioners last week hired Warren, Averett, Kimbrough & Marino LLC to audit fiscal year 2008, which ended Sept. 30, 2008.

    August 18
  • Alabama Gov. Bob Riley signed an executive order last week capping compensation for lawyers representing the state just hours before Attorney General Troy King filed two lawsuits against BP PLC and other companies for negligence in the Gulf oil disaster.

    August 18
  • North Carolina

    North Carolina Tuesday expects to competitively price $494.6 million of general obligation refunding bonds, taking advantage of record-low tax-exempt interest rates to exit interest-rate swaps.

    August 16
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