Caitlin Devitt

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.

The Civic Federation of Chicago said it supports Cook County President Toni Preckwinkle's 2013 budget, but warns that uncertainty surrounds key revenue sources, and that a structural deficit remains.

Crittenton Hospital, in an affluent suburb of Detroit, comes to market Tuesday with $108M of new-money and refunding bonds.

Michigan officials Thursday named Joyce Parker as emergency manager of Allen Park, the latest city to be taken over by the state for fiscal distress.

Moody's said the ongoing wave of mergers sweeping the non-profit health care sector led to an uptick in upgrades during the third quarter and could reverse earlier expectations that downgrades would outpace upgrades for the full year.

The Indiana Finance Authority Thursday will sell $61M of state appropriation-backed bonds in a deal that will allow the popular state fair begin to hold large-scale, paid concerts again after a devastating 2011 accident.