Indiana

The Indiana Budget Committee has approved $50 million in funding for bond financing that would bring water from an Indianapolis utility to the city of Lebanon.

Bond financing is likely for parts of a major revitalization effort on which the city is collaborating with the University of Notre Dame's School of Architecture.

A new Professional Sports Development Area just passed by the City-County Council will be going before the Metropolitan Development Commission on June 26.

Fulcrum BioEnergy, which raised more than $1 billion to turn household waste into lower-emitting fuels for planes and trucks, is in danger of going under.

Indiana officials celebrated the completion of the first of three major commuter railway upgrades, which together represent the state's largest rail project.

The bonds refunded of two earlier series of student fee bonds: the taxable Series Z-2 Build America Bonds, and the tax-exempt Series BB-1 bonds.

Indiana saw a tax revenue windfall in January, with general fund revenues coming in 15.8% above last January's number and 9.3% above December's projections.

Larger deals, fewer issues: those were the overarching municipal bond sale trends, along with a surge in tax-exempt deals, across the Midwest in 2023.

Indianapolis is moving forward with a $1.5 billion stadium and real estate development, anchored by minor league soccer and to be financed partly through bonds.

Without money to expand a key artery, but helped by a federal "Mega Grant," Indiana is pursuing tactics like dynamic shoulder lanes to boost capacity.

The deal will finance construction of an 800-room convention headquarters hotel as part of a wider expansion of the facility.

Plans for a garbage-to-jet fuels facility in Gary, Indiana, are on hold after bonds for the same operator's plant in Nevada went into default.

M. Elizabeth Walker and Jerimi J. Ullom have joined law firm Barnes & Thornburg's Indianpolis office as healthcare and public finance partners.

Fishers, a suburb of Indianapolis, is selling $170 million of bonds for an arena to house the minor-league Indy Fuel and to host concerts and other events.

California-based Fulcrum Bioenergy will build a facility in Gary that converts household garbage into sustainable synthetic aviation fuel.

The $1.4 billion span would mark the second major bridge that the two states have built together following the $2.6 billion Ohio River Bridges project that opened in 2016.

Issuers in the Midwest sold $32.6 billion of debt spread over 1,223 deals in the first half, down from $40.5 billion a year earlier.

The decision to cut Build America Bond subsidies marks a "multi-billion-dollar broken promise by the federal government," said public power agencies that have sued the United States.

The City-County Council signed off on up to $625 million of borrowing for a city-owned convention center hotel after a developer-financed plan fell through.

The system is incorporating some floating-rate risk into its fixed-rate debt portfolio to allow for strategic flexibility after its new hospital campus opens.