Nora Colomer

Rachael Eubanks will draw on more than a decade of public finance experience to solve some of the state's infrastructure problems.

Eric Holcomb wants to use $150 million in surplus funds to pay off teacher pension obligations and wants savings to be passed along to teachers.

The bonds will fund the final phase of construction of its new Physical Activity Center.

The state expects to see an extra $265 million in tax revenues for fiscal 2019, which ends Sept. 30, and $225 million in fiscal 2020.

Indiana Gov. Eric Holcomb's proposed two-year budget holds the line on spending to boost state's rainy day fund.

The public accounting and advisory firm moves into the municipal advisor space by combining with Springsted, Inc. and Umbaugh and Associates.

Proceeds from the bulk of the bond sales will be used to reimburse the hospital for various capital projects.

Michigan governor elect Gretchen Whitmer takes over the governor's office from term-limited Republican Rick Snyder on Jan. 1.

The spending plan uses money generated by a new online sales tax and funds unspent by state agencies.

Detroit Public Schools Community District may opt to get its own bond rating or seek private funding if it can’t get help from the state.

Detroit Mayor Mike Duggan will name a permanent replacement for the departing John Hill in the spring.

Moody's upgraded Paulding County. Ohio, to Aa3.

Webster University has struggled to balance operations as it suffers tuition revenue declines.

The state’s revenue forecast for the next two years shows increases of $442.8 million in fiscal 2020 and $386 million in fiscal 2021.

A bill would extend the sunset date of the law allowing local governments to issue pension obligation bonds and OPEB bonds past Dec. 31.

The downgrade affects $114 million of debt issued for Good Samaritan Hospital, owned by Knox County, Indiana.

Detroit issued bonds Friday to fund the successful tender offer.

The indiana Finance Authority will sell green bonds to fund loans for eligible water and wastewater projects that are verified as environmentally beneficial.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.

Gov. Eric Holcomb's administration had been required to study the idea of more tolls under 2017 state legislation.