Indiana

School bond supporters received favorable results for the biggest three proposals.

State lawmakers will meet in a special session May 14.

The school district is relying on referendum in November to support a funding plan.

The loan would provide funds for capital improvements which were supposed to be funded by $10 million in bond proceeds the school district misused.

Gary is trying to reduce the $8.4 million it owes to the IRS for a tax liability created when it failed to remit taxes withheld from employee paychecks.

The delay will mean reductions to services and may lead to job cuts at the start of the 2018-19 school year.

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.

A shortfall of about $9 million was initially projected when officials underestimated the increase in statewide student enrollment.

The Indiana Finance Authority would issue bonds backed by previously allocated state and local tax revenues.

Ball State University would control the financially distressed Muncie school district through an appointed seven-member board.