Indiana

The Indiana school district gets to wipe out its $10 million deficit and Ball State University will take over operations in July.

Ball State University's takeover of the troubled Muncie Schools will come as soon as July 1.

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.

A bill was filed to put Ball State University in charge of the Muncie school district.

The Anderson Community Schools Board of Trustees on Tuesday voted in favor of starting the process toward two May 8 bond referendums by unanimously approving four resolutions.

Eric Holcomb wants both short- and long-term strategies.

The ratings withdrawal impacts two Indiana bonds and various New York, and Virginia local government issues.

The Alexandria Community Schools Board of Trustees on Monday voted to move forward with a May 8 bond referendum by unanimously approving three resolutions.

Officials with Alexandria Community Schools during a preliminary determination hearing on Monday announced hopes taxpayers will approve a $19.3 million facilities bond payable over 19 years.

The December revenue forecast puts the state $150 million below target over the first five months of the fiscal year.

Indiana’s experience provides a roadmap for what can go wrong in a private partnership, though it's not indicative that the funding technique is flawed.