Nora Colomer

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

American Municipal Power is planning a $97 million tax-exempt project revenue bond sale.

The release of Highland Park School District in Wayne County marks the first time since 2000 that no local entity is in the oversight program.

Michigan State University's credit fundamentals will be the deciding factor when it sells bonds to fund the settlement, say market observers.

The junk-rated city is eyeing a return to market without a state backstop, but there is no timeline.

McLaren will also sell some tax-exempt debt to refinance floating-rate notes.

S&P said there was a one-in-three chance that it could raise Allen Park's rating by multiple notches over the next year.

The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.

The budget has become a bone of contention between the mayor and city council members.

The spending plan heads to Gov. Rick Snyder for his expected signature.

Borders is an 11-year veteran of the public finance field and was previously at Chapman and Cutler LLP in Chicago.

The state has $500 million of extra revenue to divvy up.

The county plans to sell $315 million of bonds this summer for a new jail.

The city will issue $80 million of limited tax general obligation bonds and $64 million subordinate lien income tax bonds,

It’s the city’s first bond investor conference since exiting active state oversight earlier this year.

The bonds will partially fund the Playhouse Square Foundation's 34-story luxury downtown apartment tower.

The Municipal Stability Board gave more than 100 local governments until November to come up with a plan for their underfunded retirement plans.

The tax plan supports $250 million in bond financing by authorizing the capture of roughly $18.56 million of principal and interest payments annually.

Franklin County will sell $250 million of tax-exempt, local government special tax revenue bonds.

Moody's Investors Service, citing fiscal improvements, upgraded the city to Ba3.