Caitlin Devitt

The city of Flint, Mich. has asked Gov. Rick Snyder for $30 million to tackle contamination in its water supply, which has been a problem since the city broke off from the Detroit Water and Sewerage Department.

As it prepares to sell bonds, the Wayne County Airport Authority, which runs Detroit’s airport, is highlighting its legal and political separations from its struggling home county, which is in the midst of a financial emergency.

Wayne County, Mich. Executive Warren Evans on Sept. 10 issued his first order under the county’s newly inked consent agreement with the state.

The Affordable Care Act is helping lift the non-profit health care sector out of its years-long torpor, according to Standard & Poor’s, which revised its outlook on the sector to stable from negative.

A statutory lien may not be enough for investors in light of the severe financial stress facing Detroit Public Schools, investors say.

Dramatic enrollment declines at the long-troubled Detroit Public Schools prompted downgrades from Standard & Poor’s on a chunk of the district’s state-aid backed bonds.

Missouri Gov. Jay Nixon said a $1 billion proposed football stadium in St. Louis would not need legislative or voter approval because it would be an economic development project.

Detroit water and sewer bonds won an upgrade from Fitch Ratings amid improving operations.

The Illinois House failed Wednesday to override Gov. Bruce Rauner's veto of a controversial labor bill, handing the governor a victory in his ongoing budget battle with the General Assembly.

Chicago Mayor Rahm Emanuel will reportedly propose a $500 million tax increase as part of his new 2016 budget largely for police and fire pension payments.