Michigan

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.

The spending plan uses money generated by a new online sales tax and funds unspent by state agencies.

Detroit Public Schools Community District may opt to get its own bond rating or seek private funding if it can’t get help from the state.

Detroit Mayor Mike Duggan will name a permanent replacement for the departing John Hill in the spring.

The nation's No. 2 financial advisory services firm is hiring municipal executives in Ohio and Michigan.

A bill would extend the sunset date of the law allowing local governments to issue pension obligation bonds and OPEB bonds past Dec. 31.

Detroit issued bonds Friday to fund the successful tender offer.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.

Dearborn plans to price $35 million of bonds and Muskegon County plans $45 million.

A junk-rated $112 million deal without state backing will test the market's perceptions of the city's recovery from its Chapter 9 bankruptcy.

Benton Harbor Area Schools' fiscal emergency has ended.