Caitlin Devitt

CHICAGO — New Ohio Treasurer Josh Mandel has tapped a former Squire, Sanders & Dempsey LLP public finance attorney to oversee the office’s debt issuance.

CHICAGO — Three weeks after the Federal Trade Commission sued Promedica Health System, arguing it violated antitrust rules, the Ohio-based hospital chain is keeping a $249 million new-money deal on hold.

CHICAGO — Pontiac, Mich., became Fitch Ratings’ lowest-rated U.S. city Tuesday after the agency downgraded the city’s general obligation debt to CCC.

CHICAGO — Indianapolis hopes to start reaping the benefits this year of a $1 billion downtown development that features an expanded Indiana Convention Center connected to a new football stadium and the world’s largest Marriott hotel complex.

The Ohio Building Authority last week completed its first competitive sale since 1992.

A committee of the Indianapolis-Marion County City-County Council last week postponed until Feb. 2 a vote on whether to allow the city to issue $98 million of tax-increment financing bonds.

Clarian Health, Indiana’s second-largest health care provider, officially renamed itself Indiana University Health this week to emphasize its partnership with the Indiana University School of Medicine.

CHICAGO — Things could be looking up for nonprofit health care, though the outlook is less positive for the troubled senior-living sector, according to a pair of 2011 outlook reports Fitch Ratings is poised to release Monday.

CHICAGO — Things could be looking up for nonprofit health care, though the outlook is less positive for the troubled senior-living sector, according to a pair of 2011 outlook reports Fitch Ratings is poised to release Monday.

CHICAGO — Michigan Gov. Rick Snyder, in his first state of the state address, revived a controversial proposal to create a public-private partnership to build and operate a bridge connecting Detroit and Canada — the nation’s busiest trade crossing.

CHICAGO — Cook County’s new president, Toni Preckwinkle, has tapped a former Chicago comptroller as her new chief financial officer.

CHICAGO — Detroit, Flint, Pontiac and other urban areas in Michigan have their share of problems, but failing special-assessment debt is not one of them.

Ohio could garner up to $2.5 billion by selling its liquor distribution system to a private company, according to a study released last week by a Cleveland-based investment firm.

Michigan faces a general fund deficit of up to $1.8 billion in fiscal 2012, but could enjoy a school-aid fund surplus of up to $583 million, according to economists and fiscal officials at last week’s semiannual state revenue estimating conference.

The Indiana House Ways and Means Committee will begin to consider Gov. Mitch Daniels’ proposed two-year budget Tuesday. They also will receive a new revenue forecast from state economists.

CHICAGO — Indiana Gov. Mitch Daniels has named a new state public finance director to replace outgoing director Jennifer Alvey, who leaves the post for the private sector this week.

CHICAGO — In a surprise move, the Detroit City Council effectively rejected a $60 million plan to rehab a vacant casino into a new police headquarters Friday — just three days before construction was set to begin and a month after the city sold bonds to finance the project.

CHICAGO — Indiana lawmakers Wednesday morning held a first hearing on a bill that would allow local units of government to file for Chapter 9 bankruptcy protection.

CHICAGO — Toledo, Ohio-based Promedica Health System will begin pricing $270 million of refunding and new-money revenue bonds Thursday.

CHICAGO — After years of perceived mismanagement and allegations of corruption, a new administration has taken over the helm of Cook County, Ill. with fiscal responsibility as its mantra.