Caitlin Devitt

Detroit Chief Operating Officer Chris Brown, key aide to Mayor Dave Bing, is leaving to take a job at Vestas Americas, a wind power provider.

Indiana’s chief budget official Adam Horst announced last week he is leaving the post to join Indiana University Health after less than a year on the job.

The Cook County Board Friday approved a $3 billion, fiscal 2013 budget as the county prepares to come to market later this month with roughly $300 million of refunding bonds for interest-rate savings.

The re-election of President Obama is a credit neutral event for non-profit hospitals, but looming changes in the federal landscape tied to the new health care law and budget deficit, present challenges, Moody's Investors Service said in a report Wednesday.

Voters Tuesday repealed Michigan's controversial new law for fiscally stressed local governments, a move that Gov. Rick Snyder warned could lead to some municipalities declaring bankruptcy.

A small, fast-growing Indiana city that needs money for capital projects sold its water and sewer systems for $91M in cash to the same utility that bought Indianapolis' systems for $1.9B last year.

Plainwell Community Schools has sued Michigan after the state refused to sign off on a privately placed bond sale that would allow the district to pay off a state loan and generate interest-rate savings.

Moody's Investors Service cut its underlying rating on Dewitt Public Schools, Mich. to A1 from Aa3.

Gov. Rick Snyder Monday appointed long-time municipal finance veteran John Axe to the Michigan Judges Retirement System Board.

Indiana budget officials reported that general fund revenues increased 4% through October from the start of fiscal 2013, nearly double the most recent forecast.

Cook County announced it received a long-awaited federal approval for a so-called 1115 Medicaid waiver, allowing the county to expand its Medicaid program.

Indiana's transportation director visited Ohio to tout the Hoosier State's $3.8 billion toll road lease as Ohio Gov. John Kasich nears an announcement on the privatization of the Ohio Turnpike.

Indiana University selected Goldman Sachs to act as its main advisor on a proposal to privatize its parking system in a bid to raise cash to offset declining state aid and other revenue sources.

Ohio-based bond counsel firm Peck, Shaffer & Williams LLP hired two recent law school graduates for its Cincinnati office, bringing the firm’s number of public finance attorneys to 45 nationally.

Two of Michigan's largest providers Wednesday announced plans to merge to create a new $6.4 billion system, joining the growing number of providers nationally who are hoping to consolidate.

Standard & Poor’s said the announcement of a proposed merger between health care giants Trinity Health and Catholic Health East does not affect their credit ratings yet, but that a consolidation would likely result in a credit with a weaker rating than Trinity’s AA rating.

Wyoming, Mich.-based Metro Health is seeking a strategic partner for a merger to help navigate changes in the health care industry.

Jeffersonville, Ind. last week approved a third and final resolution to issue up to $50 million of bonds for wastewater projects.

Michigan officials Monday opted to push back by two weeks a $100M general obligation bond sale amid market disruption from Hurricane Sandy. The sale, which was set to price competitively Wednesday Oct. 31, will now sell Nov. 15, officials said.

An association representing safety-net hospitals is lobbying Congress to restore cuts that are built into the new federal health care law.