- West Virginia
Hoping to avoid a state government shutdown July 1, the GOP-led West Virginia Legislature approved a new 2017 budget Tuesday that Gov. Earl Ray Tomblin is expected to sign.
By Shelly SigoJune 15 -
Buena Vista, Va., was sued by bond insurer ACA Financial Guarantee Corp., which says the city breached its forbearance agreement and stopped making moral obligation payments on bonds issued to construct a golf course.
By Shelly SigoJune 15 - Florida
Florida Gov. Rick Scott has appointed nine people, including six top level state employees, to take charge of Opa-lockas finances while the city is in a state of financial emergency.
By Shelly SigoJune 13 -
A Florida court has denied Indian River Countys quest to block a state-created conduit issuer from selling $1.75 billion of tax exempt bonds for All Aboard Floridas planned private passenger rail project.
By Shelly SigoJune 13 -
Kentucky, after plugging billions into its massively underfunded pensions this year, is hitting the brakes on transportation spending.
By Shelly SigoJune 10 - North Carolina
North Carolinas Fayetteville Public Works Commission auctioned $114.4 million of 25-year bonds on Wednesday, resulting in yields lower than the utilitys last foray into the market two years ago.
By Shelly SigoJune 9 - West Virginia
West Virginia is closer to a state government shutdown after Gov. Earl Ray Tomblin vetoed the fiscal 2017 state budget, saying the spending plan lawmakers approved unwisely draws on the state reserves and threatens its bond ratings.
By Shelly SigoJune 9 - North Carolina
The North Carolina Council of State Tuesday approved issuing $200 million of the $2 billion in general obligation bonds that voters approved in March; the deal will be sold in late July.
By Shelly SigoJune 8 - Louisiana
Louisiana Gov. John Bel Edwards opened the state's third legislative session Tuesday urging lawmakers to resume work on a budget for 2017 that 'no one likes' in order to prevent severe cuts to critical state services.
By Shelly SigoJune 8 - Georgia
Triple-A rated Georgia will auction $1.4 billion of general obligation bonds Tuesday, with analysts seeing the state benefiting from six years of positive revenue performance.
By Shelly SigoJune 6