- Indiana
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.
January 25 -
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.
January 25 -
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.
January 21 -
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.
January 21 -
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.
January 20 - Illinois
CHICAGO — Cook County’s new president, Toni Preckwinkle, has tapped a former Chicago comptroller as her new chief financial officer.
January 19 - Michigan
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.
January 18 - Ohio
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.
January 18 - Michigan
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.
January 18 - Indiana
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.
January 18 - Indiana
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.
January 14 - Michigan
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.
January 14 -
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.
January 12 -
CHICAGO — Toledo, Ohio-based Promedica Health System will begin pricing $270 million of refunding and new-money revenue bonds Thursday.
January 12 -
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.
January 11 - Michigan
New Wisconsin Gov. Scott Walker will deliver his state of the state address Jan. 25, ahead of the anticipated release of a new two-year state budget next month.
January 11 -
The Hamtramck City Council was poised Tuesday to approve a resolution seeking a $2.5 million loan from Michigan to help pay its bills even as it continues to push the state to allow it to become the first Michigan municipality to file for bankruptcy.
January 11 - Michigan
Detroit Mayor Dave Bing this week appointed a former DTE Energy executive as the city’s new chief operations officer.
January 11 -
A city-county council committee is set to hear public testimony Wednesday on Indianapolis Mayor Greg Ballard’s plan to issue $98 million of bonds for a mixed-use development, which includes a new corporate campus for Eli Lilly and Co.
January 11 -
CHICAGO — Sylvan Township, Mich., will likely need to impose a steep property-tax hike on its residents to cover payments on bonds that were issued to support a now-failed special assessment district.
January 10
