Nora Colomer

The delay will mean reductions to services and may lead to job cuts at the start of the 2018-19 school year.

Wayne County plans to cover costs tied to new jail project with unused bond proceeds, new bond funding and general revenue funds.

The state of the public school district is vital to encourage young families to move back into the city, he said.

Michigan's cumbersome process to enact local option taxes still offers cities a revenue option, a report says.

Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.

The insurer wants more time to develop land it received as part of the city's bankruptcy exit.

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.

A plan that passed the state House would divvy up $175 million among state and local governments.

The merger would create the fifth-largest Catholic health system in the country.

Detroit wants to use $55 million in surplus cash to retire debt issued in 2014 as part of the city’s exit from Chapter 9 bankruptcy.

An official says that a transit plan without Oakland and Macomb is “absolutely viable from a technical standpoint.”

The Detroit Board of Education won't sell small piece of land for the new jail.

A shortfall of about $9 million was initially projected when officials underestimated the increase in statewide student enrollment.

Oakland County Executive L. Brooks Patterson said he won't ask county voters to fund the system.

Rick Snyder wants to accelerate spending on roads by $175 million in fiscal 2019.

The Indiana Finance Authority would issue bonds backed by previously allocated state and local tax revenues.

Ball State University would control the financially distressed Muncie school district through an appointed seven-member board.

The city ended fiscal 2017 with a $53 million surplus, marking its third straight budget surplus since exiting bankruptcy.

Moody's placed $975 million of the university's long-term debt on review for downgrade.

Michigan Gov. Rick Snyder wants higher landfill fees to replace a tapped-out $675 million bond fund for environmental projects.