Indiana

The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.

Voters in the consolidated governments of Indianapolis and Marion County, Indiana will decide the fate of an income tax increase to fund major upgrades to public transportation.

Voters in Indiana and Michigan responded favorably to requests for hundreds of millions of dollars in requests for bond borrowing authority.

Voters in Indiana and Michigan headed to the polls Tuesday will decide the fate of more than $1 billion in school district borrowing requests.

Carmel, Ind., is prepping a $224 million sale that would mark the first issue of bonds by the city’s recently established bond bank.

The Indiana Finance Authority’s $250 million 2014 private activity bond issue for the I-69 Section 5 project received a one-notch Fitch Ratings downgrade to BBB-minus.

Indiana Governor Mike Pence signed into law $1 billion in new road and bridge funding for the next two years.

The Indiana Finance Authority plans to issue more than $100 million of state revolving fund bonds that will sell with a green bond designation.

Indiana lawmakers compromised on a $1 billion, two-year road building program that delays decision on long-term transportation funding.

The Northern Indiana Commuter Transportation District is issuing $89.1 million in tax exempt limited obligation revenue bonds to fund the installation of the federally mandated positive train control to its existing rail infrastructure.

As two new bankers take their seat on Fifth Third Securities’ public finance team, the firm says it’s on the lookout to add to its ranks.

The Midwest lagged the national uptick in issuance last year as the conservative region did take advantage of low interest rates to refund debt but held tight the purse strings on new money borrowing.

Long-range road funding bill approved by Indiana House calls for highway planners to study the feasibility of tolling Interstate Highways.

Indiana’s Purdue University officials believe its newly minted second AAA rating will spell savings on its upcoming bond sale.

Indiana lawmakers are considering three competing proposals to provide additional funding for state transportation projects.

Moody's Investors Service has placed the ratings of eleven local government credits in Indiana and Ohio on review with the rating direction uncertain as analysts await updated financial data from the group.

Indiana would build a new $120 million bond-financed mental health facility in what Gov. Mike Pence’s administration is billing as an affordable option that will usher in a new model of care

Indiana will spend $70 million to expand lanes on a well-traveled stretch of Interstate 65 under a plan announced by Gov. Mike Pence.

Moody’s Investors Service has placed Indianapolis Public Schools Aa2 rating under review with its direction uncertain due to the lack of current financial information.

Lawrence, Indiana’s waterworks utility lost its investment grade level rating after being hit with a three notch downgrade from Standard & Poor’s.