Southeast

"I think it's undemocratic of major asset managers to use their power to influence societal outcomes," said Florida CFO Jimmy Patronis.

An increase in the volume of tax-exempt bond deals for long-term, fixed-priced natural gas contracts may signal a turnaround in the prepaid energy market.

Total November volume stood at $19.712 billion, the lightest of any month year-to-date, in 527 versus $37.073 billion in 1,055 issues a year earlier, according to Refinitiv data.

Local officials will now be able to access to revenue from a special tax levy previously reserved only for bonded debt to pay for capital improvements.

"We continue to see very strong job numbers. Florida is in as good of a position as we could possibly be," said Jimmy Heckman of the state Department of Economic Opportunity.

Knotts has almost 15 years of experience in state government and will advise clients in public finance and on economic development matters across Tennessee.

In 2021, Miami-Dade County commissioners approved a 19-year $135 million naming rights deal with FTX for the homecourt of the NBA's Miami Heat.

The upgrades follow Fitch's upgrade of Morgan Stanley, the guarantor to the gas supplier in all of the transactions.

Annual contributions to the General Reserve Fund will increase to 7% of the previous year's revenue from the current rate of 5%.

Fitch also affirmed the A rating on $800.3 million of senior lien seaport revenue bonds Miami-Dade County issued on behalf of its seaport department.