Yvette Shields

More questions over whether the National Football League's Rams will remain in St. Louis were raised Monday by reports that the team's owner is planning to construct an 80,000-seat stadium in southern California as part of a larger development project.

New Trier Township High School District 203 will soon offer nearly $90 million of voter approved bonds to finance an overhaul of its New Trier High School that serves the affluent north suburbs of Chicago.

Chicago faces a second lawsuit challenging the constitutionality of reforms adopted last year that overhauled two of its four pension funds.

Wisconsin faces an $824 million shortfall to meet baseline costs anticipated in the next two year budget, according to a report from the Legislative Fiscal Bureau.

Unsustainable and unaffordable pension obligations that crowd out funding for essential services and infrastructure necessary for the health, safety and welfare of Illinois' citizens shouldn't override constitutional mandates on a government's purpose, said municipal restructuring veteran James Spiotto.

Missouri has lowered by more than $300 million the level of revenues expected in the current fiscal year, Gov. Jay Nixon announced.

The Wisconsin Supreme Court overturned a lower court ruling and upheld Milwaukee County's 2010 cuts to nurses' pension benefits.

The Illinois State Toll Highway Authority will head into its fourth year of a $12 billion, 15-year infrastructure program with record capital spending planned.

The Minnesota Orchestral Association's low investment grade credit has stabilized as the organization recovers from its past lockout, Standard & Poor's said.

The Regional Transportation Authority of Illinois heads into the new year with a $2.9 billion operating budget and $3.8 billion five-year capital program that relies on federal funds and loans, and borrowings including inaugural issues from two of its service boards.

Missouri hospitals reported providing $588 million in charity care and another $512 million in uncompensated care last year, the Missouri Hospital Association said in a report.

The Iowa Fertilizer Co. plant under construction needs an additional $100 million, the company reported in a recently posted bond disclosure.

The Chicago suburb of Rosemont plans to sell $37.5 million of taxable general obligation bonds next month to bring its public safety pensions up to near full funded status.

Standard & Poor's gave an investment-grade A-minus rating to a series of bonds Detroit recently sold as part of its exit from bankruptcy.

Illinois Gov. Pat Quinn tapped his longtime friend, aide, and acting budget director Jerry Stermer to serve out the waning weeks of the late Judy Baar Topinka's term as comptroller.

Michigan Gov. Rick Snyder has declared the financial emergency in Hamtramck resolved and put a Receivership Transition Advisory Board in place to help keep the city on a sound fiscal path as it transitions to independence.

A sales tax hike to support $1.7 billion in annual transportation and education funding will go before Michigan voters under a plan lawmakers approved in a compromise with Gov. Rick Snyder.

Litigation challenging Chicago's pension reform legislation threatens the city's ability to escape $19 billion of unfunded liabilities, Fitch Ratings said.

One week after its emergency from Chapter 9 bankruptcy, Moody's Investors Service has assigned Detroit an issuer credit rating that's deep in junk bond territory at the B3 level.

Illinois Gov. Pat Quinn will call lawmakers back to work on Jan. 8 to take up legislation setting a special election to allow voters to pick a replacement to serve out the late Judy Baar Topinka's term that begins next month.