Yvette Shields

Milwaukee plans to take competitive bids Wednesday on $130 million of school cash flow notes but can delay the deal if too steep a penalty is demanded amid uncertainty driven by Congress.

Posey County, Ind. will remarket $1.26 billion of notes Thursday on behalf of Midwest Fertilizer Corp. ahead of plans to put a long term financing in place next year for its controversial fertilizer plant.

Moody's Investors Service has placed Methodist Medical Center of Illinois' A2 rating on review for a potential upgrade in anticipation of the hospital becoming part of the higher rated Iowa Health System's obligated group.

Chicago plans to begin scaling back on retiree healthcare premium subsidies in its 2014 budget even though a legal challenge to its plan to phase out the subsidies for most retirees faces a legal challenge.

Regulators warned brokers at a Bond Dealers of America conference not to play loose with municipal securities rules, and asked them to report competitors they suspect.

The Illinois Finance Authority is readying an up to $175 million issue that will mark the first borrowing under an expanded $1 billion state revolving fund loan program.

Wisconsin got a rating from Kroll as it prepares a roughly $560 million general obligation refunding.

St. Louis-based broker-dealer L.J. Hart & Co. was censured and paid a $200,000 fine to settle FINRA charges that it improperly gave more than $183,000 in sports tickets to issuer clients

Moody's Investors Service knocked Kankakee County, Ill. and the city's public building commission's general obligation rating down three notches due to its ongoing struggle with operating shortfalls.

Minnesota closed fiscal out 2013 with a $636 million surplus that will go to help repay school district aid withheld to deal with a prior budget deficit.

Moody's Investors Service hit $2.6 billion of Indianapolis Citizens Energy Group Water, Gas and Thermal and CWA Wastewater Revenue Bonds with downgrades.

The resolution of Detroit's obligations in its Chapter 9 bankruptcy stands to shape the municipal bond market for years, the Federal Reserve Bank of Chicago concludes in a new report.

City Colleges of Chicago hit the road Thursday to promote a $250 million general obligation sale that garnered double-A level level ratings but carries the blemish of the city’s name.

Illinois may make some progress in paying down its massive bill backlog in the fiscal 2014 budget, but it missed an opportunity to ease the growing strains on the state's fiscal foundation, a new report warns.

The trustee for $27 million of defaulted lease revenue bonds backed by Vadnais Heights, Minn. for a sports complex received is mulling final offers from potential buyers that range from $10.5 million to $13 million.

Chicago Mayor Rahm Emanuel's plan to privatize the Illinois International Port District in a deal aimed at revitalizing the long-troubled agency suffered a setback this week after the city and its lead bidder halted talks on a final lease deal.

Illinois' and Indiana's plan for a proposed $1.25 billion Illiana Expressway faces a new obstacle in a stinging report that warns of the greenfield P3 toll project's financial risk to Illinois.

Dixon, Ill. will collect $40 million under a settlement that ends a lawsuit against the town’s auditors and bank who were accused of failing to uncover the theft of $53 million by the city former comptroller.

Moody's Investors Service revised its outlook on Illinois-based Presence Health’s issuer credit rating of Baa1 to negative from stable.

All three rating agencies affirmed Chicago O’Hare International Airport's general revenue credit ahead of a new-money and refunding sale for up to $900 million slated for Wednesday.