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.

Tuesday's Detroit mayoral primary results mean incumbent Mike Duggan will face challenger Coleman Young II in November.

Steve Arwood will lead the firm's new effort.

S&P raised Cleveland Clinic's rating by one notch as it prepares to price a $1 billion bond refunding.

A federal judge appointed an attorney to facilitate an agreement between Flint and the Michigan Department of Environmental Quality.

Increased state aid can stabilize Indiana schools' credit for a couple of years, but benefits will ultimately be offset by higher costs, S&P says.

Pontiac and Lincoln Park, two Michigan cities, gain control over their internal operations and finances.

Marion County and Indianapolis council approved the first $20 million in financing for a new criminal justice center.

Wayne County works to reach agreement with Rock Ventures over jail project and solve tax problem.

Detroit will sell 36 city-owned parcels of land for the Gordie Howe bridge project.

The sales tax breaks on car trade-ins comes at too great a price for the state.