Michigan

The Nov. 8th ballot in Midwest states was crowded with bond, governance, and policy questions.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.

MSU must find a new president after friction between board members and the president hired in the wake of the Larry Nassar scandals led to his resignation.

With interest rates expected to keep rising, the deal will tap all of the remaining authorization from the $3.5 billion Rebuilding Michigan bond program.

Seven states formed the Midwestern Hydrogen Coalition to collaborate on promoting hydrogen-based energy production, use and distribution.

In both Michigan and Wisconsin, school districts are seeking about $2 billion of either bonding capacity or revenue raising authority.

Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.

Fitch raised Wayne County's rating to A from BBB-plus, putting its fiscal distress further in the rearview mirror following a round of upgrades this year.

COVID-19 worsened the fiscal picture for the senior care, insurance, and hospital operator, but it faced rating pressure before the pandemic.

The authority maintained positive rating momentum by drawing outlook changes from Moody's on both its water and sewer bonds and from Fitch on its sewer debt.

Moody's Investors Service rewarded the ongoing fiscal turnaround of Detroit's home county with a two-notch upgrade.

The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.

Higher education borrowing led by century bond deals helped offset the dive in refundings brought on by rising interest rates.

Detroit says it can't afford to shave 10 years off the amortization schedule of its public safety pension obligations.

Miller Canfield principals voted to put Jeffrey Aronoff on its leadership board.

Fitch raised Michigan's general obligation rating one notch to AA-plus.

Genesee County and Flint supported the bonds issued to finance construction of a pipeline with the county ultimately on the hook.

The hospital is banking on increased federal reimbursement funds next year when the new Rural Emergency Hospital designation for eligible Medicare providers takes effect.

The “social” part of ESG evaluations poses the most downside risk to governmental and not-for-profit issuers in the Midwest and Central regions, S&P said.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.