Southeast

The East Baton Rouge Sewerage Commission plans to achieve savings by refunding taxable bonds with tax-exempts.

Unless the state government makes changes to revenue or expenditures Florida faces a combined deficit of $8.1 billion in fiscal years 2027-28 and 2028-29.

The deal is expected to conclude in the summer of 2026, and at that time Elon University will operate Queens University of Charlotte.

A TIF fund established by the Alexandria Industrial Development Authority supporting a troubled hotel renovation project in downtown Alexandria, Virginia, is reported to be in default.

Fitch cited improved long-term liability metrics.

State government own-source revenue declined 2.3% in fiscal 2025 from the totals in fiscal 2024.

The commission also approved an audit for the financially troubled Winston-Salem/Forsyth County School District.

While victims' attorneys now signal support for the settlement, bond attorneys still oppose the plan.

The school had less than one time debt service coverage last fiscal year.