Indiana

A proposed 47-mile toll road linking Indiana and Illinois is eligible for a federal TIFIA loan that could reduce construction costs by up to 20%, officials said.

Once known as "Little Detroit," the small city of Connersville has declared a financial emergency, warning it might not have enough money to make payroll by May.

Indiana lawmakers wrapped up their 2014 legislative session after passing a handful of controversial bills, including one that advocates for local governments say could hurt local government revenue.

Indiana tapped a shortlist of four private teams to compete to work on the state's largest public-private partnership, a 47-mile toll highway linking the state to Illinois.

A new report says Kentucky and Indiana saved $300 million on the Ohio River Bridges Project primarily because of design and construction efficiencies.

A key legislative panel Tuesday approved a bill that would cut the state's corporate and business taxes as part of an effort by Gov. Mike Pence to attract more businesses to the Hoosier State.

Six firms have responded to Indiana's request for qualifications to partner with the state for the $1.3 billion Illiana Corridor toll road connecting Indiana and Illinois, officials said Tuesday.

Indiana lawmakers return to work for a winter session highlighted by Gov. Mike Pence's controversial proposal to eliminate the property tax on business equipment and machinery, a move that would impact cities like Whiting.

State budgets seem to be "stabilizing and settling into a period of modest growth," but recovery from the Great Recession is still "a work in progress," a report from the National Conference of State Legislatures found.

CHICAGO –Indianapolis lost its top issuer credit rating from Standard & Poor's Tuesday over the rating agency's recent changes to its local general obligation credit criteria; it was dropped two notches.

Kentucky closes on $728 million in bonds and notes Friday, bringing the average cost of financing its Ohio River Bridges Project to 4.4%

A controversial $1.3 billion toll road linking Indiana and Illinois advanced last week when an Indiana planning council approved the plan.

Indiana Gov. Mike Pence said this week he would sell the state plan and ask state agencies and universities for cuts to offset an unexpected $141 million budget shortfall.

Indiana Gov. Mike Pence, who is ending his first year in office, said last week that eliminating the business personal property tax will be one of his top legislative priorities in 2014.

A public-private partnership at the airport in Gary, Ind. will drive $100 million of investment over the next 40 years, the airport announced Monday.

The Indiana Finance Authority won The Bond Buyer's 12th annual Deal of the Year award for its Ohio River Bridges East End Crossing Project.

Indianapolis, which has privatized its water, sewer and parking systems, is now eying a public-private partnership for the city's parks.

An Indiana legislative panel Thursday approved a transit proposal for central Indiana that would rely on new local taxes for financing.

Moody's Investors Service revised its outlook to negative on Indiana-based Franciscan Alliance, affecting more than $1.1 billion of debt.

The airport in Gary, Ind. tapped a team that includes Guggenheim Securities and Loop Capital to advance a plan to privatize the Chicago-area facility.