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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.
March 3 - 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.
March 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.
February 29 - Kentucky
In the Southeast, pent-up need for capital and low interest rates translated into a five-year high for bond issuance in 2015.
February 24 -
The Securities and Exchange Commission told Miami, Miami-Dade County, and the Marlins that no enforcement action will be recommended after a four-year-long inquiry into the financing of the team's $615.7 million stadium.
February 22 - Wyoming
State governors and other public officials who warned that new Environmental Protection Agency regulations could cause significant economic harm to their states and localities are hailing the Supreme Courts decision to place a stay on the EPAs plan.
February 11 - 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.
February 3 - 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.
January 29 - Florida
Florida lawmakers are pressing for legislation that could dramatically alter the states public school landscape, saying parents want more charter schools and smaller school districts.
January 27 -
All Aboard Florida said it will sell $1.75 billion of tax-exempt private activity bonds for its $3.5 billion passenger train project as market conditions improve.
January 22