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How Shrinking Enrollment, Charter Expansion Damaged Michigan Schools' Credit
In Michigan it's not just Detroit Public Schools that have fallen victim to the state's population decline. Statewide shrinking enrollment coupled with the expansion of charter schools has stretched state aid dollars and damaged school credit.  more »
Lawmakers convened this week at the state’s capital to negotiate a stop-gap spending plan to fund schools and other services for the state of Illinois before the fiscal year starts July 1.  more »
Mesirow Financial is venturing into Indiana with the opening of a n office in downtown Indianapolis, and it’s hired Greg Clark to lead the effort.  more »
LIMA -- Allen County is close to paying off its general obligation debt, but the risk of losing some state funding is prompting the county to hold on to some of that debt a while longer.  more »
A long-awaited effort to groom western St. Joseph County for job growth with $14 million in infrastructure improvements was potentially delayed Tuesday night by uncertainty over how neighboring governments will act.  more »
Columbus plans to borrow nearly $482 million to fund a package of capital projects that will mostly upgrade the city's water and sewer systems and also pay for a new fire station, fire vehicles and resurfaced streets.  more »
BAD AXE -- The Huron Regional Water Authority (HRWA) approved a bond issue that could decrease or stabilize water rates by fall in the city of Bad Axe and in Port Austin.  more »
Detroit got the all clear from the city's Financial Review Commission to move ahead with a refunding of $660 million of general obligation debt.  more »
Chicago Mayor Rahm Emanuel is requesting authority from the city council to buy, among other things, junk rated Chicago Public Schools debt.  more »
Northeastern local school leaders will consider putting a bond issue on the ballot in 2017 to rebuild or renovate buildings, but want the community to agree on plans first.  more »
Students will have to wait longer than expected to see the results of a pair of bond projects at Ballard Elementary School and Eastside Connections School.  more »
Locke Lord LLP is pushing into Ohio with the opening of an office in Cincinnati as part of an expansion of its public finance practice in the Midwest.  more »
The pleas from Illinois’ local governments, schools, and state agencies for at least a stop-gap spending plan are growing louder, as the state careens toward the start of a second fiscal year without a budget.  more »
Columbus, Ohio selected as national testing ground for smart transportation technology.  more »

Carl Weisbrod, Director of the New York City Department of City Planning, joins Bond Buyer Senior Markets Reporter Chip Barnett to talk about the surge in NYC’s population and corresponding employment growth and why economic growth is dependent upon affordable housing for workers.

As we await the final shoe to drop with regard to the SEC's MCDC initiative, the municipal market may be at a turning point in terms of disclosure.

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