Yvette Shields

Indiana conference committees will settle differences on a new budget and transportation spending.

Successful St. Louis and Kansas City tax and bond measures support their credit profiles.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

Illinois House Democrats pressed forward on an $800 million spending bill.

Wayne County, Mich.’s fiscal chief who played a central role in its financial recovery is leaving to launch a private equity and turnaround firm.

Midwestern voters loosened their purse strings to approve Kansas City, Missouri’s $800 million infrastructure referendum but held fast against St. Louis’ public financing request for a new soccer stadium.

Indiana may soon take fiscal control of Gary Community School Corp. and Muncie Community Schools. Gary wants the help. Muncie Schools opposes it.

Distressed local governments struggling under the weight of pension, healthcare, and other debts could turn to a special authority for fiscal guidance under legislation before Illinois lawmakers.

Market participants are increasingly contemplating the impact of Illinois potentially losing its investment-grade ratings.

A settlement tied to Flint, Michigan’s water contamination crisis alone won’t tax state finances but it underscores a collective burden that poses longer term pressures, S&P Global Ratings says.

The Cuyahoga County Council signed off on a resolution paving the way for a $140 million bond issue to help cover $280 million of upgrades to the Quicken Loans Arena.

Allen Park, Mich.'s financial ills have eased enough to garner a five notch ratings boost, moving it two notches from winning back its investment grade status.

Illinois is at a fiscal tipping point as its unpaid bill backlog hovers near $13 billion and its budget stalemate headed toward the two-year mark, Moody's Investors Service said.

Illinois Gov. Bruce Rauner and lawmakers veered in opposite directions, casting more doubt on the prospects for a budget resolution.

Chicago will forgo a private financing arrangement and instead reach into its own pockets to finance a $160 million overhaul of its streetlight system.

City Colleges of Chicago took a fresh rating hit this week over strains posed by the state’s prolonged budget impasse.

Flint, Mich. will receive nearly $100 million in state and federal funds to replace thousands of water service lines under a settlement approved by a federal judge Tuesday.

Illinois Gov. Bruce Rauner’s veto of Chicago’s pension overhaul doesn’t pose an imminent threat to the city’s credit, S&P Global Ratings said.

Kansas City, Missouri’s $800 million request is the biggest bond measure on April 4 ballots in Midwestern states, where voters will decide the fate of more than $2 billion of municipal borrowing requests.

A procedural ruling by the state Supreme Court means Illinois’ not-for-profit hospitals have dodged a bullet, at least temporarily, on the state’s charity care requirements.