Florida and Georgia among Southeast states getting new governors

By: Robert Slavin

Excerpt from the article:

(April 30, 2026) Five Southeast states are certain to get new governors in November's election, potentially affecting their bond policies and finances.

Georgia, Florida, Alabama, South Carolina and Tennessee have gubernatorial elections and their incumbent governors are legally barred from running for another term.

For about 50 to 60 years Republicans have dominated the Southeast. But the Democrats' role in some of the regions' state houses have strengthened in recent years. And this year they have reasonable chances of winning at least two more regional governor mansions – those in Georgia and Florida. 

....

John Mousseau, executive vice president and chief investment officer at Cumberland Advisors,  said, "If inflation becomes more embedded with the war in Iran, there will be debate on the increases coming under the [property tax increase] cap if that cap rises a lot because of higher fuel prices."

....

Mousseau said the debate over what to do about rising property insurance rates is "key to the campaign as it not only affects the housing market but has implications for bond issuance as their ability to manage these risks will probably become a disclosure issue over time."

Click here to read the full article on the Bond Buyer website. 

John R. Mousseau, CFA
Chief Investment Officer
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