Caitlin Devitt

Cook County, Ill., says a fresh downgrade could force it to refinance $500 million of debt and cost taxpayers an additional $25 million a year.

A new report identified five struggling Chicago-area suburbs as most vulnerable to a Chapter 9 filing if state law is changed to permit it.

New Census figures show that people continue to move out of the Motor City, but at a slightly slower rate than in recent years.

The Wayne County board Thursday approved a reorganization plan that is part of the county's attempt to avoid a state takeover.

An ambitious plan by Indianapolis Mayor Greg Ballard to build a $408 million new criminal justice complex as a public-private partnership is facing an uncertain fate amid strong political opposition.