Yvette Shields

The state will hold an in-person and remote investor meeting Sept. 21 before heading into the market the following week.

The upgrade "reflects material strengthening of the state's financial resilience and budget management, particularly over the past two biennia," the rating agency said.

The bridge loan program announced in July will spare suburban taxing bodies from having to issue tax anticipation notes to bridge a months-long delay in property tax bills going out

Surging state revenues eased the burden of managing fixed costs, Moody's says in an examination of state liabilities based on fiscal 2021 financial reports.

Moody's dropped the city's rating a notch to A3 and kept a negative outlook on the credit. Persistent structural deficits and pension liabilities were factors.

Baker Tilly will fold specialty consulting firm Management Partners into its public sector practice next month.

Chicago's O'Hare $1.77 billion offering took center stage this week with the city offering a diverse structure to lure buyers.

COVID-19 worsened the fiscal picture for the senior care, insurance, and hospital operator, but it faced rating pressure before the pandemic.

The authority maintained positive rating momentum by drawing outlook changes from Moody's on both its water and sewer bonds and from Fitch on its sewer debt.

Moody's Investors Service rewarded the ongoing fiscal turnaround of Detroit's home county with a two-notch upgrade.

A local memorial service in Madison, Wisconsin, for Hoadley is set for Saturday with a Washington, D.C., gathering expected in November.

The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.

The Minnesota Airports Commission is also in the bond market with a $386 million deal this week, followed by Chicago's $1.77 billion transaction next week.

Hazelwood's mayor posted a letter on the city website warning of potential bankruptcy if the city can't renegotiate its deal with a fire protection district.

Inflation and labor struggles are pounding hospital balance sheets and the pressures could damage ratings.

Chicago put its message on fiscal progress directly to bondholders at the annual investors conference last week.

The city takes competitive bids Wednesday on $124 million of GOs.

Higher education borrowing led by century bond deals helped offset the dive in refundings brought on by rising interest rates.

Illinois laid out updated six-year transportation packages allocating more than $30 billion in spending.

Friedman is remembered for her devotion to clients, social justice, and family. She spent her career at Borge and Pitt and then Katten Muchin after they merged.