Yvette Shields

The student housing and academic facility that serves the University of Illinois Chicago campus opened in August.

Municipal Market Analytics' view of Chicago's bonds turns further south as the city looks to solve a deep budget hole.

The Minnesota Management and Budget commissioner is moving to the University of Minnesota after a decade with the state, and his MMB predecessor replaces him.

Chicago Mayor Lori Lightfoot's administration is weighing more debt refinancing, layoffs and tax hikes to fully close the budget gap

St. Louis and Indianapolis are both eyeing debt financings to expand their convention centers.

The refinancings will ease near-term debt service pressures as pledged tax revenue tumbles and convention center business remains halted with uncertain near-term prospects.

The Chicago Board of Education warns of tough spending decisions ahead if the federal government doesn't act on a new stimulus/relief package.

A Missouri appellate court agreed with a lower court that the county's pledge in financing agreements isn't a legally enforceable promise to make up debt service shortfalls

Michigan now pegs its three year coronavirus-related revenue losses at $5 billion but cautions that much remains unknown heading into 2021.

The region's municipal bond issuers borrowed $40.4 billion during the first half of the year as record low rates more than tripled refunding activity.

The CTA heads into the market with an amended budget and warnings about the coronavirus pandemic's impact on its budget without a new infusion of federal aid.

This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

The elite university is selling $300 million of taxable debt this week.

A preliminary settlement would resolve claims against Michigan by Flint residents over the city's 2014 lead-in-water contamination crisis.

Mayor Lori Lightfoot's administration isn't giving much hint as to how the city will pay for a plan to replace lead water service lines.

The coronavirus adds to the fiscal challenges facing the already junk-rated school district, which is the nation's third-largest.

Illinois' longest serving governor, James R. Thompson, died Friday due to heart complications.

Its $125 million taxable social bond follows a $1 billion Ford Foundation deal as part of a multi-foundation pledge in response to the COVID-19 pandemic.

The authority's issue will also provide new money to help finance renovations at the state's historic capitol building in Lansing.

Huntington says the Michigan team that came over from Hilltop has experience covering local school districts and governments as well as the state.