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The Central Florida Expressway Authority plans a $425 million advance refunding spurred by continued low interest rates in the bond market and reduced negative arbitrage.
By Shelly SigoSeptember 14 -
Amid a federal corruption probe, Opa-locka, Fla.'s former manager, David Chiverton pleaded guilty to taking pay-offs as a state financial oversight panel attempts to prevent the city from having to file for bankruptcy.
By Shelly SigoSeptember 13 - Louisiana
New Orleans general obligation bond ratings were raised to A-plus from A-minus by Fitch Ratings Monday ahead of a $50 million refunding.
By Shelly SigoSeptember 12 - Louisiana
New Orleans was buoyed by its first-ever bump into the double-A rating category as S&P Global Ratings boosted the city to AA-minus.
By Shelly SigoSeptember 9 - Florida
After four years of record spending, Floridas economists believe the state budget is headed for structural imbalance due to tax cuts and rising program costs even though revenues are expected to continuing rising.
By Shelly SigoSeptember 8 -
Louisiana State University is bringing its first financing for a $575 million housing and retail privatization, a move that triggered downgrades of the university's outstanding bonds.
By Shelly SigoSeptember 7 - Florida
The Florida Municipal Power Agency named Peabody Energy Corp. executive Jacob A. Williams, a veteran of the private utility sector, to be its new general manager.
By Shelly SigoSeptember 1 -
Jacksonville voters agreed to keep a local half-cent sales tax for 30 years to help pay down nearly $3 billion in city pension obligations amid a lawsuit challenging Tuesdays referendum.
By Shelly SigoAugust 31 - Florida
The Florida Legislatures incoming senate president will sponsor a $2.4 billion environmental program that would be financed with $1.2 billion of state bonds to build reservoirs that would store polluted water.
By Shelly SigoAugust 31 -
A Florida panel overseeing Opa-lockas finances learned that the city is in default on $8.6 million in privately placed bank loans and acceleration of the debt is imminent.
By Shelly SigoAugust 30