Michigan

Midwestern voters delivered mixed results on transportation proposals Tuesday while picking new governors and settling legislative races that stand to impact fiscal decisions in Illinois and Minnesota.

The Detroit Public Schools Community District will take over the schools currently run by the Educational Achievement Authority, which competes with district for state school funding dollars.

Wayne County, Michigan is asking voters Tuesday for a millage proposal that would raise an additional $385 per student for its 33 school districts.

Several Michigan school districts that are asking voters Tuesday for 'sinking fund' millages, local property taxes that fund major repairs and renovations to school buildings, will miss out on the expanded uses of the tax authorized by new legislation.

Two federal judges who helped navigate Detroit’s historic bankruptcy will join a Miller, Canfield, Paddock and Stone principal to launch a downtown Detroit office of Judicial Arbitration and Mediation Services.

Michigan’s Muskegon Heights School District is ready to transition out of emergency management after shaving nearly $10 million of its deficit in the four years since it’s been under state oversight.

Two decisions in recent days pave the way forward for lawsuits against the state of Michigan and its officials over Flint’s water contamination crisis.

The Michigan Finance Authority hits the market Wednesday with a top-rated $300 million new money and refunding under its clean water revenue bond program.

Public finance veteran Kevin Smith started his job as Highland Park, Mich., school district's next emergency manger Friday.

Detroit will get a fourth round of federal funding for its ongoing blight demolition program after a suspension due to procedural errors.

Wayne County, Michigan was released from state oversight but expensive challenges remain, said county executive Warren Evans .

Reforms of Michigan’s emergency manager law were among the policy changes recommended in a report by a special state legislative committee formed to examine the Flint water crisis.

Oaklawn Hospital in Calhoun County, Michigan plans to convert its variable rate paper to fixed-rate debt in an upcoming $74 million hospital revenue bond refunding.

The Great Lakes Water Authority achieved $309 million in net cash flow savings on the refunding piece of in its inaugural $1.33 billion deal, the agency said Friday.

Michigan’s Wayne State University has struck a $1.4 billion, 40-year public-private partnership that will allow it bypass the capital markets to upgrade its housing stock and retire debt.

The city of Wayne, Mich. was dropped lower into junk territory by Moody's Investors Service as it remains on the brink of running out of money with no solution in hand to relieve its fiscal stress after the state declined to intervene.

Wayne County, Michigan says it’s made sufficient gains in balancing its books and is ready to exit a state consent agreement.

A Michigan-based senior housing developer and operator is borrowing $69.3 million of unrated tax exempt and taxable bonds to finance projects in Waterville, Ohio, and Chesterton, Ind.

A group of Detroit retirees may ask the full appellate court to consider its failed appeal aimed at restoring pension cuts imposed as part of Detroit’s Chapter 9 restructuring.

The Great Lakes Water Authority will make its market debut next week with $1.3 billion of new money and refunding bonds, boosted by two new rating upgrades.