Indiana

Indiana may soon take fiscal control of Gary Community School Corp. and Muncie Community Schools. Gary wants the help. Muncie Schools opposes it.

Ohio’s $7.8 billion budget is awaiting action by Gov. John Kasich after legislative passage last week.

The National Collegiate Athletic Association’s 8-year extension of its lucrative broadcast agreement with two major broadcasting networks wasn’t enough to stave off a downgrade.

A two-year Indiana state budget is moving to the Senate after gaining approval in the House.

A struggling Indiana highway public-private partnership may have turned a corner.

Chicago-based Daniel A. Noyes & Co. has added three institutional sales professionals to its fixed-income team in Indianapolis, a move the firm believes cements its expansion into municipals.

A plan that would raise taxes to fund Indianapolis Public Transportation Corporation’s expansion of bus services throughout Indianapolis is headed to the Marion County City-County Council for a vote Monday.

Indiana may put tolls on its interstates to fund road work under a state House-approved bill.

Legislation that would pave the way for state oversight and appointment of an emergency manager for Indiana’s embattled Gary Community School Corp. in Indiana is headed to the state House after passing the Senate.

Issuers in the Midwest sold $87.2 billion of municipal bonds in 2016, a 23.4% year-over-year increase that was the biggest of any region.

Indiana is looking for solutions to concerns S&P Global Ratings raised over its school bond intercept program when it placed the program on CreditWatch negative.

Indiana moved a step closer to taking over the distressed Gary Community School Corp. with the unanimous committee passage of legislation that would pave the way for state oversight and appointment of an emergency manager.

The bonds of 16 affordable housing properties affiliated with Global Ministries Fellowship were downgraded by S&P Global Ratings, sending 14 more of the credits to junk.

Indianapolis’ upcoming $68 million bond sale marks a return to property tax-backed debt borrowing for the city after an eight-year absence.

Indiana must keep its books balanced and its reserves well-funded, Indiana Gov. Eric Holcomb said, calling the state government’s strong fiscal health a “bedrock” of its appeal for businesses.

Indiana Gov. Eric Holcomb unveiled a nearly $31.8 billion, two-year spending plan he said achieves his education funding and economic development goals while preserving the state's reserves and top credit marks.

Indiana’s Gov.-elect Eric Holcomb is eyeing the state’s existing $500 million Next Generation Trust Fund -- set up years ago from proceeds of the Indiana Toll Road Lease – to fund investments in entrepreneurship and to support early-stage and mid-size Indiana companies.

Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.

Interstate tolling and higher gas taxes are among state road funding proposals already on the table for 2017.

A new revenue forecast for Indiana says the state will collect about $300 million less in general fund revenues than had previously been anticipated next year, though the projection for the following two years is up $1 billion.