Nora Colomer

Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.

Cleveland Clinic will be pricing $930 million of bonds and roughly half of the structure will be variable rate debt that the clinic hopes will lower its costs.

Cleveland is looking to lock in low fixed rates and eliminate all risks related to the Water System’s hedged debt.

Detroit CFO says it's on track to exit state oversight without the need for legislative actions.

Ohio legislature settled on a leaner gas tax increase to help fund fixes for its roads and bridges.

Damage from the floodwaters will impact state and local governments and ripple through the region's economy.

It's the first such deal in four years for the authority.

Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.

The deal received $3 billion in orders, allowing the finance team to trim yields.

Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

Ohio Gov. Mike DeWine is running into flack from fellow Republicans who control the legislature for his 18 cent-per-gallon proposal.

The ballot measure marks the first time the Ohio capital has asked voters to approve a dedicated affordable housing fund, for $50 million.

The state treasurer's office is reviewing proposals for underwriting and remarketing services, and the Public Facilities Commission is choosing attorneys.

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.

The Ohio department of transportation said it faces a funding gap of about $1 billion annually over the next 11 years.

A key committee approved a plan to use $150 million in surplus funds to pay off teacher pension obligations, with the theory that school districts may apply the savings to teacher salaries.

The owner of the Indy Eleven says a $150 million, 22,000-seat soccer stadium would help the team move up to Major League Soccer.

Moody's warned that universities with a similar profile to Wright’s could also be at risk of faculty strikes.