Nora Colomer

Bloomfield Township it cutting its budget after voters rejected a tax levee that was to help it meet its $161 million in unfunded liabilities.

An airport official says the third upgrade in a year will mean savings for upcoming refunding and new money bond plans.

Municipal bond issuers in the Midwest recorded a healthy year-over-year volume gain, in contrast to flat nationwide numbers.

Nonprofit healthcare consolidation continues with two big multi-state deals.

Bond proceeds will help fund construction of a $500 million natural gas-fired combined cycle generating facility.

First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.

Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.

House lawmakers weren't willing to go as far as Mike DeWine in raising gas taxes.

Gretchen Whitmer's first budget proposal would also provide a tax break for pension and retirement income.

Enright, who died of bone cancer at 72, held fiscal positions with local governments before starting a nearly 30-year investment banking career.

The bonds are secured by the power sales contract between American Municipal Power and 22 participants.

City-county council of Marion County and Indianapolis approved Mayor Joe Hogsett's second straight structurally balanced budget on Oct. 15.

Only two Michigan school districts remain under state oversight.

About $125 million of the new money bonds are fixed-rate, $50 million will be floating-rate notes, and $75 million are variable-rate demand bonds.

Michigan no longer has any local governments under emergency management and the state program may be quietly laid to rest.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

The judge said plaintiffs didn't allege Snyder knew about the dangers of the water in Flint River when he authorized the switch to using it.

Wayne County plans to issue the debt, secured with a state intercept, though the Michigan Finance Authority.

Johara Farhadieh will maintain her responsibilities as CIO as she takes up the executive director role.

Michigan needs to spend $4 billion more each year for upkeep of the state's transportation, water and communications infrastructure.