Nora Colomer

The Ohio House’s two-year operating budget bill boosts spending for higher education adding an extra $21.8 million for higher education next year and $20 million in 2021.

If approved, the junk-rated city would issue $200 million of new money unlimited tax general obligation bonds in the summer of 2020.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

The city announced that it has acquired 200 acres of land as part of its deal to land a new assembly plant.

Cris Johnston will replace Micah Vincent, who is leaving the position for the private sector.

The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.

Nebraska's largest school district has more than $770 million of unfunded pension liabilities after some pension fund investments turned sour.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

The bond package includes $50 million for affordable housing in a first for the Ohio capital.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

The airport authority in Ohio is using capital facility charges to back bonds for the facility.

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.