Southeast

DALLAS — The Louisiana State Bond Commission gave its approval yesterday to refunding and restructuring $300 million of fuel-tax bonds issued in May 2009 to finance a portion of a constitutionally mandated transportation program.

Two bond-issuing authorities in Virginia entered into a voluntary closing agreement with the Internal Revenue Service to preserve the status of $74.3 million of bonds after one of them sold its waste-to-energy facilities, which were financed with the bonds, to Wheelabrator Portsmouth Inc.

BRADENTON, Fla. — Miami-Dade County commissioners on Tuesday said they stand ready to take over the Jackson Health System should the current board overseeing South Florida’s largest public hospital fail to rectify the financial crisis it now faces.

BRADENTON, Fla. — Florida is on the cusp of joining a nationwide trend by giving local governments the authority to use municipal bonds to help homeowners finance energy-conservation improvements.

BRADENTON, Fla. — Moody’s Investors Service yesterday said the Deepwater Horizon oil spill may ultimately result in negative credit impacts on state and local governments in Louisiana, Mississippi, Alabama, and Florida.

WASHINGTON — Wake County, N.C., on Wednesday will issue $34.9 million of qualified school construction bonds — its first such issuance and the state’s largest QSCB deal since the beginning of the program.

BRADENTON, Fla. — After years of study and indecision, Hillsborough County, Fla., officials have agreed to place on November’s ballot a proposal to increase the sales tax by 1% to fund long-term mass transit projects, including light rail.

BRADENTON, Fla. — Kentucky Gov. Steve Beshear forwarded a proposed budget for 2010-2012 on Wednesday that he hopes the General Assembly will adopt in a five-day special session later this month.

BRADENTON, Fla. — On the heels of a rating upgrade, the Florida Hurricane Catastrophe Fund Finance Corp. today plans to complete the pricing of $693 million of tax-exempt revenue bonds.

BRADENTON, Fla. — The federal judge presiding over the Alabama ­Public School and College Authority’s case that attempts to void a swaption with ­JPMorgan has agreed with a joint request to delay the trial more than four months.