Southeast

BRADENTON, Fla. — Kentucky officials hope a popular federal loan guarantee program will be the catalyst to resume construction of a $465 million, 62-story skyscraper on the banks of the Ohio River in downtown Louisville that has been stalled by the credit crisis.

DALLAS — Louisiana Treasurer John Kennedy criticized the Legislature and Gov. Bobby Jindal on Monday for developing what he called a precariously balanced fiscal 2011 budget that doesn’t come to grips with the state’s tenuous fiscal situation.

BRADENTON, Fla. — Atlanta Mayor Kasim Reed has selected municipal finance veteran Joya De Foor as his nominee to become the new chief financial officer of Georgia’s largest city.

BRADENTON, Fla. — An Alabama judge has set Sept. 7 for trial to begin in the Bank of New York Mellon's quest to obtain a receiver to take over control of Jefferson County's sewer system, which is saddled with close to $3.2 billion of troubled variable- and auction-rate debt.

WASHINGTON — The Connector 2000 Association Inc., the troubled South Carolina toll road that went into default on Jan. 1, filed for bankruptcy on Thursday.

BRADENTON, Fla. — Atlanta is looking for companies interested in setting up operations in its commercial tax allocation districts.

The Louisiana Revenue Estimating Conference on Monday accepted a forecast by state economists that general fund revenue for fiscal 2010 would total $7.28 billion.

The St. Helena Parish School District has asked a federal court in Baton Rouge to impose a property tax on residents to support bonds that would help rebuild its aging schools.

Gov. Sonny Perdue has announced that net revenue collections for May totaled $1.18 billion compared to $1.26 billion a year ago, a decrease of 6%, or $75.5 million for the month.

U.S. attorneys last week filed a motion to dismiss the federal lawsuit filed in March by Florida Attorney General Bill McCollum challenging the massive health care reform bill.