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CHICAGO - Ohio hopes to issue a request for proposals by the end of the year to privatize its highway rest areas, one of several public-private partnerships being eyed by Gov. John Kasich's administration.
November 15 -
CHICAGO - As the market continues to cope with the near-disappearance of bond insurance, one effect is clear: the growing need for issuers to tout their stories to entice investors, panelists at the Bond Buyer's Transportation/P3 conference here said Tuesday.
November 15 - Ohio
Ohio Gov. John Kasich said the "people had spoken" last Tuesday when voters defeated by 63% a new law that would have curtailed collective bargaining for public employees.
November 15 -
Ohio State University announced last week that it has selected seven possible partners for the school's plan to become the first public university to privatize its parking system.
November 15 - Michigan
Detroit voters approved a new city charter that imposes a set of ethical rules for public officials.
November 15 - Indiana
Indianapolis Mayor Greg Ballard won a second term last week, defeating public finance attorney Melinda Kennedy.
November 15 -
CHICAGO - The Wayne County, Mich., Airport Authority, which runs Detroit Metropolitan Airport, will come to market Thursday with $127 million of refunding bonds.
November 14 -
CHICAGO - Promedica Health System will hold a retail order period Wednesday followed by institutional pricing Thursday for $145 million of refunding bonds.
November 14 - Michigan
Michigan would issue $3.2 billion or more of bonds to repay federal loans for unemployment benefits under a pair of bills that the Senate Finance Committee unanimously approved Wednesday.
November 10 -
CHICAGO - Michigan Gov. Rick Snyder has declared that Flint is in a state of financial emergency, setting up the long-struggling city for a state takeover.
November 9 - Nebraska
CHICAGO - The Omaha Public Power District, one of the nation's highest-rated utilities, comes to market next week with $300 million of electric system revenue bonds.
November 8 -
Regional Health, the dominant health care provider in western South Dakota, will enter the market Thursday with $181 million of bonds.
November 8 - Michigan
Fitch Ratings last week downgraded to BB-plus from BBB-minus its rating on junior-lien tax-increment financing bonds issued by the Detroit Downtown Development Authority.
November 8 -
A judge last week approved a restructuring plan for the troubled Detroit Water and Sewerage Department that allows the city to maintain ownership but gives the seven-member board more authority over certain matters, including labor negotiations.
November 8 - Illinois
CHICAGO - A prominent fiscal watchdog group in Chicago is praising Cook County, Ill.'s proposed $2.9 billion 2012 budget for closing a $315 million deficit but warns that a chronic structural gap will continue to mount without more action.
November 4 -
CHICAGO - Detroit Mayor Dave Bing on Thursday publicly raised the specter that perhaps only a state-appointed emergency manager will have the tools necessary to solve the long-troubled city's financial woes. He left the door open to the possibility of taking on the role.
November 3 - Michigan
CHICAGO - One troubled local school district in Michigan has seen its ratings sink into junk territory while another could be heading toward a state-mandated takeover.
November 3 -
CHICAGO - Two large Chicago-area health care systems announced Wednesday they have finalized a merger that will create the largest Catholic health care network in Illinois.
November 2 - Michigan
The Michigan state treasurer last week said Three Oaks, located in Berrien County, is out of state receivership.
November 1 - Indiana
Indiana Gov. Mitch Daniels last week appointed public finance veteran Jennifer Alvey to the State Lottery Commission.
November 1


