Minnesota

Southland School District administrators are working to form a new plan after voters soundly rejected a proposed $24.56 million bond issue.

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

MAPLETON, Minn. -- Leaders of Maple River Public Schools hope a new tax credit will make their citizens more willing to support a tax increase to build a new school for their students.

Hazelden Betty Ford Foundation was dropped from the single A category by Moody’s Investors Service.

About $1 million will go to service the city's street bond debt, leaving the Duluth with $2.8 million for actual work.

Residents of the Carlton School District sent a strong message Tuesday when 71 percent voted against a $23.6 million proposal to create a combined pre-K-12 school for Carlton students at the district's South Terrace site.

Gov. Mark Dayton's legislative veto was overturned by a lower court.

The debt would help finance a project to divert Red River floods away from Fargo, N.D. and Morehead, Minn.

Minnesota was removed from S&P Global Ratings’ CreditWatch after a threat posed to repayment of some appropriation-backed debt was resolved.

A budget feud between Minnesota Gov. Mark Dayton and the legislature's GOP majority doesn't pose an imminent threat to the state's high-grade ratings, said Fitch Ratings and Moody's Investors Service.