Nora Colomer

The state passed a law to strengthen its school credit enhancement program, bringing Moody's upgrades to 58 school districts.

The package delivers about $150 million more than district officials wrote into their spending plan for the year.

The legislative deal ends a stalemate that had blocked funding for K-12 schools statewide.

Chicago's board of education approved a budget before a state vote on aid and with city funding uncertain.

Fishers won't be on the hook to cover debt service payments on bonds.

The Indiana land-grant university is buying out Kaplan, a for-profit distance learning enterprise.

The bonds will take out $210.7 million of bond anticipation notes issued last week to redeem $246 million of private activity bonds.

Key's acquisition will expand investment banking services while focusing on the health care sector.

State-backed bonds will replace PABs that were headed for default as Indiana takes over a road project that's become a poster child for P3 woes.

State officials say they are prepared for increased pressure on its $10 billion general fund.