Caitlin Devitt

Fitch Ratings downgraded to BBB-plus from A-minus roughly $219 million of revenue bonds issued on behalf of the Nebraska Methodist Health System.

Lake County officials said they plan to sue the state next month over a law requiring the county to adopt a 1% local option income tax in order to lift a freeze on its property tax revenue.

CHICAGO — Moody’s Investors Service has downgraded to Baa1 from A3 its rating on Cleveland-Hopkins International Airport, warning that the airport faces pressure from declining enplanements and airline revenue.

CHICAGO — Fitch Ratings downgraded Akron, Ohio, as the city prepares to hit the market Monday with a $76 million general obligation borrowing as part of its annual debt issuance to finance capital projects.

CHICAGO — Ohio will enter the market Monday with $300 million of tax-exempt bonds and taxable Build America Bonds to finance higher education capital projects across the state.

CHICAGO — Officials in Hamtramck, Mich., said they would try to set up a meeting with state Treasurer Robert Kleine in a fresh effort to win permission to file for bankruptcy.

CHICAGO — Officials in Hamtramck, Mich., said they would try to set up a meeting with state Treasurer Robert Kleine in a fresh effort to win permission to file for bankruptcy.

CHICAGO — Michigan officials Wednesday said they denied a request by the Detroit suburb of Hamtramck for permission to file for bankruptcy.

CHICAGO — A Detroit legislator was poised Wednesday to sponsor a package of bills that would allow Michigan to securitize up to $400 million of its tobacco settlement payments to erase the deficits carried by Detroit Public Schools and 41 other state school districts.

CHICAGO — Indianapolis will lease its parking meters for 50 years to a private company under a controversial plan by Mayor Greg Ballard that was narrowly approved Monday by the city-county council.

Michigan Attorney General Mike Cox last Saturday approved the $1.5 billion sale of the Detroit Medical Center to a for-profit Tennessee-based health care company. The deal awaits federal approval and is expected to close Dec. 31.

Federal and state environmental regulators have agreed to extend a deadline for Evansville to develop a plan to improve its sewer systems.

Indianapolis Mayor Greg Ballard last week announced that longtime financial analyst Jeff Spalding would take over as the city’s new controller.

CHICAGO — A new bond-issuing authority made up of the University of Nebraska and the city of Lincoln will take competitive bids Wednesday on nearly $100 million of recovery zone economic development bonds and Build America Bonds.

CHICAGO — Whiting, Ind., this week will issue $60 million of tax-exempt refunding bonds on behalf of BP Products North America Inc., which is in the midst of a $3.8 billion expansion of its Whiting-based oil refinery.

CHICAGO — Transit advocates in central Indiana plan to push forward with a high-profile regional transportation plan that features a $2.5 billion mass-transit expansion despite opposition from Republican leaders.

CHICAGO — Indianapolis would float $86 million of tax-increment financing bonds to finance construction of a new corporate campus for Eli Lilly and Co.— the pharmaceutical giant that is the city’s top private-sector employer — under a plan Mayor Greg Ballard will submit to the City-County Council next week.

Michigan Senate Majority Leader Mike Bishop last week said lame-duck lawmakers will not act on a controversial plan to build a $1 billion, publicly owned bridge over the Detroit River.

Moody’s Investors Service affirmed its underlying Aa3 on the Rockford School District but revised the outlook to negative due to a pressured fiscal position.

Fitch Ratings downgraded to junk its rating on $45.1 million of economic development revenue refunding and improvement bonds issued by the city of Anderson for Anderson University.