Indiana

Recent property tax reforms in Indiana and Missouri are starting to impact school districts and local governments in those states.

"The regulatory environment has become increasingly complex and overwhelming for smaller firms," said Sycamore Advisors LLC president Diana Hamilton.

Indiana illustrates both the shifting political risk for data centers and the direction of the infrastructure finance discussion on this issue.

The incoming Bond Buyer Hall of Famer repeatedly brought financial discipline and long-term thinking to public entities before helping them tackle some of Indiana's most complex infrastructure financings.

Indiana lawmakers are considering two more far-reaching property tax reforms before Senate Enrolled Act 1 has even been fully phased in.

In fiscal 2026, Indiana saw 6.8% year-over-year growth in state revenue amid a 27.7% surge in corporate tax revenue, leading to a surplus of $1.85 billion.

"If successful in its motion, the trustee will harm not only patients, but also likely completely devalue all the bondholders' investments," Crossroads Health Management LLC said in a court filing.

Financial mismanagement and apparent revenue diversion led to events of default for centers owned by and financed through the PFA, the bond trustee said.

The state says the $6.5 billion project is not possible without toll revenue.

As fuel prices ratchet up due to the Iran war, two states are already exploring suspending their fuel tax which would take a bite out of tax revenue and possibly lead to future bond sales.

Indiana's House Ways and Means Committee unanimously approved a plan to build a stadium to lure the National Football League's Chicago Bears.

The Indiana House has passed legislation that would eliminate an estimated 164 townships across the state through consolidation.

An Indiana bill would address some concerns that were raised around 2025's Senate Enrolled Act 1, which created questions about local government credit quality.

Moody's Ratings downgraded Parkview Health System's revenue bond rating one notch, to A1 from Aa3, on Friday. It also revised the outlook to stable.

Governors plan to cut taxes and expand school vouchers across many of the Midwest's Republican-led states in fiscal year 2027.

Indiana looks to entice the National Football League's Chicago Bears to move to northwest Indiana by offering state-backed bonds to fund a new stadium.

The state's first-of-its-kind law allowing for tolling on its interstates is closely watched by transportation experts.

Indiana Public Finance Director Dan Huge will retire effective Jan. 2, capping off a long career of public service for the state.

S&P Global Ratings warned that Indiana's property tax reform law, Senate Enrolled Act 1, creates uncertainty for local income tax-backed debt.

Fitch cited the system's operating performance and plans for up to $4.2 billion in addional debt.