Caitlin Devitt

Philadelphia-based Public Financial Management, the country's largest municipal advisory firm, said it has acquired Stauder, Barch & Associates, Michigan's oldest FA firm.

The latest top state court to weigh in on pension reforms ruled in Michigan last week that the state's pension reforms enacted in 2011 are constitutional, overturning two lower court decisions.

Moody’s Investors Service upgrade Dayton, Ohio-based Kettering Health, saying the eight-hospital system has seen a strong financial performance in the last two years.

Moody’s upgraded Detroit by one notch Thursday, though leaving it deep in junk territory, as the city gears up for its first post-bankruptcy bond deal.

Cincinnati’s settlement with its unions and retirees on retirement obligations is one of the reasons why Moody’s said it revised its outlook on the city to stable from negative.

Michigan Gov. Rick Snyder Thursday affirmed his earlier declaration that Wayne County is in a financial emergency, giving the county board until next week to choose among four partial takeover options.

Michigan public finance veteran Dale Deis joins top-ranked PFM after nearly 30 years at Municipal Financial Consultants in Michigan.

Standard & Poor’s assigned an A rating and stable outlook to Detroit’s first post-bankruptcy bond sale, set for Aug. 19.

Detroit is set to hit the market on August 19 with its first public bond sale since exiting the largest municipal bankruptcy in the U.S.

Cook County, Ill.'s president won't support Gov. Bruce Rauner's pension reforms even though they give the cash-strapped county many of the reforms it wants, because it would also mean supporting the governor's anti-union measures.

Columbus, Ohio, in the midst of a downtown building boom, heads into market this week for its annual summer borrowing bearing triple-A bond ratings.

Indianapolis won triple-A ratings on its stormwater bonds as it gears up for a $300 million capital plan.

Moody's upgraded Michigan one notch on Friday, citing an improved financial profile, just days after S&P boosted its outlook on the state to positive.

Cook County, Il. won rare praise from a ratings agency Thursday when Moody’s Investors Service said a new sales tax increase to pay off pensions is a credit positive.

Standard & Poor’s said Thursday that its junk ratings on Wayne County, Mich. will remain unchanged for now despite the declaration of a financial emergency.

Michigan Gov. Rick Snyder declared Wayne County, home of Detroit, to be in a financial emergency, just one day after a state review team made the recommendation.

The Detroit suburb of Allen Park is considering tendering $31 million of troubled bonds that have led to general fund deficits, a state takeover and federal securities fraud charges.

Burleigh County, N.D., is gearing up for the issuance of $90 million of sales-tax backed bonds to finance a new jail.

The Detroit City Council Tuesday voted to raise water and sewer rates, reversing an earlier vote that city and state officials had warned could bring additional state oversight down on the city.

Even as it stepped closer to a Michigan state takeover, Wayne County's county's chief executive said the struggling government would not travel down the same path as its largest city, Detroit.