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Caitlin Devitt

Recent Stories From this Author

Debt Seen in Detroit School Reform Proposals
March 30, 2015 A Detroit-based coalition is set to release Monday afternoon a series of recommendations that Michigan Gov. Rick Snyder will...

Indiana Faces Fiscal Fallout from 'Religious Freedom' Law
March 30, 2015 Indiana lawmakers scrambled Monday to stop financial fallout from a controversial bill signed into law by Gov. Mike Pence last...

Rauner Signs Fix For This Year's Illinois Deficit
March 27, 2015 Illinois Gov. Bruce Rauner signed legislation Thursday to fill a $1.6 billion gap in the state's current-year budget largely...

Indiana County Rolling Over $1.2B of Fertilizer Plant Notes
March 26, 2015 Officials building a long-stalled fertilizer plant in Indiana hope that the fifth time is a charm when it comes to having to...

Illinois Lawmakers Send One-Time Budget Fix To Rauner
March 26, 2015 Illinois Gov. Bruce Rauner said he was sign “as quickly as possible” legislation that fixes a $1.6 billion hole in the current...

Moody's Cuts Detroit Schools, Warns of High Stress, Debt
March 25, 2015 Moody’s Investors Service hit Detroit Public Schools with another downgrade late Monday, warning that the troubled district...

Ohio Launches Its First P3 With $231M Bond Issue
March 25, 2015 Ohio next week will launch its first public-private partnership with the sale of $230 million of tax-exempt private activity...

Ohio State U. Launching Another Privatization
March 24, 2015 The Ohio State University wants a private firm to take over its energy system for 50 years in exchange for an upfront cash...

Michigan Governor Urges Voters to Pass Tax Hike for Roads
March 24, 2015 Michigan Gov. Rick Snyder is touring the state urging voters to approve a May referendum to raise the state sales tax to...

Gary, Ind., Floating Unrated Casino-Backed Bonds
March 20, 2015 Gary, Ind., a rare issuer and the state's most distressed city, is coming to market this week with $15.3 million of unrated,...


Some local governments may require extraordinary financial assistance from the Commonwealth, adding to pressure on its general obligations.

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