Michigan

Long before it was named after the Ilitch family's pizza chain or the Pistons agreed to join the Red Wings in playing there, the new downtown arena was expected to cost $450 million.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

Voters in Fennville will decide whether or not to approve a $23 million bond proposal for Fennville Public Schools on the Tuesday, Nov. 7, ballot.

Refunding deals were down substantially and new money volume also slipped.

State officials say they are prepared for increased pressure on its $10 billion general fund.

Voters turned down a pair of bond and sinking fund proposals for Ubly Community Schools at the polls Tuesday, according to unofficial election results.

Tuesday's Detroit mayoral primary results mean incumbent Mike Duggan will face challenger Coleman Young II in November.

Steve Arwood will lead the firm's new effort.

Grand Haven city officials have signed a bond sale agreement that is expected to save city residents money on interest payments related to the repayment of the 2008 voter-approved infrastructure bond.

A federal judge appointed an attorney to facilitate an agreement between Flint and the Michigan Department of Environmental Quality.

Pontiac and Lincoln Park, two Michigan cities, gain control over their internal operations and finances.

Wayne County works to reach agreement with Rock Ventures over jail project and solve tax problem.

Detroit will sell 36 city-owned parcels of land for the Gordie Howe bridge project.

The sales tax breaks on car trade-ins comes at too great a price for the state.

The budget for the next fiscal year increases spending on public safety and a stalled jail project.

The cost is tied to water costs under current contract and covering its KWA bond obligation.

Moody's says the legislation will be credit positive for school districts and the state.

Prefunding would help local governments begin to tackle mounting retiree benefit costs, the report said.

The tax revenue could also be used to make up shortfalls in pension or bond payments.

The downgrade affected $38.4 million of general obligation debt.