Michigan

Almost $7.5 billion of municipal bonds head into the marketplace in this holiday-shortened week.

The results stand to influence the municipal market through capital planning and budget actions with potential impacts on ratings and borrowing levels.

State officials say the P3 structure will allow it to complete the Interstate 75 project a decade early.

Detroit will issue $112 million of new money GO bonds and is also considering issuing refunding bonds in December.

In addition to the local bond measures, voters will also decide seven governor's races and a Missouri fuel tax.

The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.

Only two Michigan school districts remain under state oversight.

Democrat Gretchen Whitmer and Republican Bill Schuette are running for the open seat of Michigan governor.

The placement carries a maturity of up to two years, and a Michigan State spokeswoman said the school will eventually issue long-term bonds.

Illinois-based OSF Healthcare System will refund $470 of debt this week and next.

The Downriver Utility Wastewater Authority will sell $57 million of debt.

The GLWA will sell $400 million of new money and refunding water and sewer revenue bonds next week.

Continuity is expected as other financial team members remain while the city conducts a national search for a replacement.

The Midwest's public and private universities are straining to deal with enrollment losses.

Michigan no longer has any local governments under emergency management and the state program may be quietly laid to rest.

A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

The deal to finance a long-stalled jail project marked the county’s return to the market after an eight-year absence.

The judge said plaintiffs didn't allege Snyder knew about the dangers of the water in Flint River when he authorized the switch to using it.

The legislation would require local governments in Michigan to sell most bond issues competitively with seven-days public notice.