Michigan

Detroit CFO says it's on track to exit state oversight without the need for legislative actions.

It's the first such deal in four years for the authority.

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

Gretchen Whitmer's first budget proposal would also provide a tax break for pension and retirement income.

Huron Schools is seeking voter passage of a $49,075,000 bond issue request for 30 years on May 7.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.

Gov. Gretchen Whitmer had a lot to say about what she wants to do but no details on how to pay for it.

Michigan State sold taxable bonds to finance a legal settlement in the Larry Nassar sexual abuse cases.

At BB-minus, the city remains three notches below investment grade. A changed rating methodology for priority-lien revenue debt also pushed $430 million of bonds to speculative grade.

The University of Michigan plans to sell $225 million of bonds that will include taxable and tax-exempt debt, with bonds structured with a put option in the mix.

Enright, who died of bone cancer at 72, held fiscal positions with local governments before starting a nearly 30-year investment banking career.

S&P Global Ratings says Detroit's Local Development Finance Authority's collections haven't been enough to cover debt service payments on subordinate bonds issued in 1997.

The firm tapped veteran Phong Pham to head the new office in the western part of the state.

Recent upheaval in senior management at Michigan State University won’t impact the timeline to sell bonds to fund sex-abuse settlements.

Rachael Eubanks will draw on more than a decade of public finance experience to solve some of the state's infrastructure problems.

The state expects to see an extra $265 million in tax revenues for fiscal 2019, which ends Sept. 30, and $225 million in fiscal 2020.

Proceeds from the bulk of the bond sales will be used to reimburse the hospital for various capital projects.

The bonds are secured by the power sales contract between American Municipal Power and 22 participants.

Roads, local projects, contamination sites, and the state's rainy day fund will all see funding boosts.

Michigan governor elect Gretchen Whitmer takes over the governor's office from term-limited Republican Rick Snyder on Jan. 1.