Michigan

For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.

If regulatory agencies approve the transaction, the acquisition will expand Beaumont's hospital count to 12 and increase total revenue to $6.1 billion.

CFO Dave Massaron said the city is mindful of a potential downturn as it navigates its fiscal recovery from bankruptcy.

Ann Arbor Public Schools, which recently won $1 billion of new money authorization, will price $55 million of taxable bonds.

Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.

The Lansing Board of Water and Light will sell $252 million to refund bonds it issued in 2011.

Michigan lawmakers are weighing bonds as an option for regional transit in the Detroit area.

The county's recovery plan improved its structural balance and long-term liability profile, Fitch Ratings said in support of its two-notch rating boost.

The hospital system will price up to $1.7 billion of bonds this week, of which up to $1.4 billion would be taxable.

The university now has a stable Moody's outlook as the financial impact of the Larry Nasser sex abuse scandal becomes clearer.

The City Council rejected Mayor Mike Duggan's request for $250 million of bond authority to accelerate the demolition of vacant houses.

The Ann Arbor, Michigan, schools persuaded voters that waiting would be more expensive, while pitching greener buildings in an education-driven community.

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

A new academic building for the University of Michigan is to rise on the property where construction of a bond-funded jail was abandoned.

The school is spending money in an effort to boost its image and reverse a decline in enrollment.

Spectrum Health System will consolidate its administrative offices into a central location.

The state avoided a government shutdown, enacting a budget that came with over 100 line item vetoes by the Democratic governor.

The state aid will be especially helpful for cash-strapped municipalities that are already charging customers high water rates, Moody's said.

Raymond James hired Paul Soma as a senior vice president. He will set up a public finance office in Traverse City.

Charter schools' typically modest unrestricted reserves and limited operating margins leave them vulnerable if state aid stops flowing, said S&P Global Ratings.