Michigan

Municipal group contends that the state has shortchanged them for years — to tune of more than $2 billion last year alone.

The GOP proposal would slow down the full funding of the closed pension system, using annual savings for roads.

Nonprofit healthcare consolidation continues with two big multi-state deals.

The plan would have the state issue $10 billion of pension obligation bonds to create annual budget savings to fund road repairs.

The Michigan Supreme Court ruled that Macomb County is not contractually bound to provide lifetime healthcare benefits to retirees.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

Solicitor General Fadwa Hammoud and special prosecutor Kym Worthy said they will expand the investigation based on new evidence.

McLaren Health Care will use proceeds to fund capital projects including a replacement hospital for McLaren Greater Lansing.

Bond proceeds will help fund construction of a $500 million natural gas-fired combined cycle generating facility.

If approved, the junk-rated city would issue $200 million of new money unlimited tax general obligation bonds in the summer of 2020.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.

The city announced that it has acquired 200 acres of land as part of its deal to land a new assembly plant.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

When Zumbrota-Mazeppa voters go to the polls May 14 to cast their ballots on a $49.95 million construction bond referendum, they won't be voting on anything fancy.

The veteran-majority owned firm has hired its first banker — Chicago-based Frank Paul.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.