- Louisiana
After a special three-week session ended, Louisiana legislators remained $30 million shy of closing the current-year deficit and $800 million short for fiscal 2017.
By Shelly SigoMarch 10 - Kentucky
Local and state government leaders are tapping sales taxes for new revenue to help close budget gaps, pay for infrastructure, fund pension liabilities, and finance basics such as teachers raises.
By Shelly SigoMarch 9 - Louisiana
Louisiana Gov. John Bel Edwards said Monday that lawmakers had failed to make the budget cuts to close this years deficit.
By Shelly SigoMarch 8 - Kentucky
The lack of progress in funding Kentuckys pensions led Standard & Poor's Friday to cut the Kentucky Turnpike Authoritys bonds to AA-minus from AA ahead of a $216 million sale.
By Shelly SigoMarch 4 -
The trustee for Port St. Lucie, Fla.s $64 million of bonds to finance the defunct Vaccine & Gene Therapy Institute questioned whether the city will honor its guarantee to pay debt service, although the city attorney said it will make good on the promise.
By Shelly SigoMarch 4 -
An investment banker hired as an expert witness in lawsuits challenging All Aboard Floridas passenger train service said tax-exempt financing is critical to funding the $3.5 billion project, although the private company says thats not true.
By Shelly SigoMarch 3 - Tennessee
Veteran banker Gavin Murrey will work alongside Rob Baird, who is the current head of Public Finance/Debt Investment Banking at Raymond James.
By Shelly SigoMarch 2 - Louisiana
A divided Louisiana Legislature has balked at some measures aimed at pulling the state out of a $940 million current-year deficit.
By Shelly SigoMarch 2 - Florida
Florida lawmakers are close to an agreement that would establish a new bond financing program that allows certain municipal utilities to securitize customer charges.
By Shelly SigoMarch 2 -
The North Broward Hospital District in Florida saw Moodys Investors Service drop its bond ratings three notches to Baa2 amid a severe decline in revenue and new probes into its operations.
By Shelly SigoFebruary 29