- Mississippi
The Hattiesburg Public School District in Mississippi saw its general obligation bond ratings drop to Baa3 from A3 due to severely eroded reserves and liquidity, according to Moody's Investors Service.
By Shelly SigoFebruary 18 -
Hillview, Ky., and its largest creditor, Truck America, will undergo new court-ordered mediation after conducting settlements talks that failed to resolve a $15 million claim against the city, which has filed for bankruptcy.
By Shelly SigoFebruary 18 - Louisiana
Louisiana's estimated deficit deepened as state lawmakers began meeting for a special three-week legislative session to deal with the historic budget gap.
By Shelly SigoFebruary 17 -
North Carolina voters decide March 15 if North Carolina can issue $2 billion of general obligation bonds to finance higher education and state capital projects.
By Shelly SigoFebruary 10 -
Jefferson County, Ala., faces another court test more than two years after its exit from bankruptcy was approved.
By Shelly SigoFebruary 5 -
In a newspaper column Tuesday, the governor said he would not support budget cuts that could throw universities into financial exigency and close hospitals in order to deal with Louisiana's budget crisis.
By Shelly SigoFebruary 4 - Alabama
Gov. Robert Bentley told legislators Tuesday that bond financing for new prison construction will be paid from the budget that now pays for costly upkeep at aging and overcrowded facilities.
By Shelly SigoFebruary 3 - Florida
Floridas State Board of Administration Finance Corp. will issue $1.2 billion of taxable bonds for the states Cat Fund, pitching investors opportunity to pick up yield.
By Shelly SigoFebruary 3 - Louisiana
The $254.6 million of BANs were directly placed with JPMorgan at a cost of 0.52%, and will "bridge" the state through the next six or seven months, said Louisiana's financial advisor Renee Boicourt.
By Shelly SigoFebruary 1 - Florida
The Florida Senate and House released fiscal 2017 budgets Friday that are higher than Gov. Rick Scotts record spending plan; debate remains on Scotts $1 billion tax cut proposal.
By Shelly SigoJanuary 29