Missouri

Most local governments in Missouri face new restrictions on the use of municipal court fines to prop up their budgetary operations, under legislation signed by Gov. Jay Nixon.

Missouri budget director Linda Luebbering, who steered the state through recession while helping maintain its triple-A ratings, will retire August 6.

Moody’s Investors Service has revised its outlook on Kansas City, Missouri’s Airport Enterprise ratings to positive thanks to recent revenue and traffic growth.

Strapped for cash, the Missouri Highways and Transportation Commission is looking to private industry, entrepreneurs, and innovators to come up with ideas to upgrade a stretch of its historic Interstate 70.

St. Louis University is buying SLU Hospital from Tenet Healthcare and transferring it to SSM Health, one of the state’s largest providers.

Six Missouri lawmakers have filed a complaint aimed at preventing Gov. Jay Nixon from tapping revenues that go to repay debt on the St. Louis Rams’ stadium for a new professional football stadium without legislative or voter support.

St. Louis voters will decide in an August ballot measure whether the city should issue $180 million of debt to fund infrastructure improvements.

Springfield, Mo. City Utilities will take competitive bids on $515 million of revenue bonds that will refund bonds from a 2006 issue that funded a coal plant.

Missouri Gov. Jay Nixon has signed off on the bills that make up the state’s $26 billion fiscal 2016 spending plan.

Missouri Gov. Jay Nixon is reviewing the $26 billion fiscal 2016 budget sent to him by lawmakers two weeks ahead of the state constitution’s mandated deadline.

The St. Louis public agency helping in efforts to build a new stadium for the Rams football team is seeking clarity from the courts over whether the city can contribute financially to the project without a public vote.

Voters in Ferguson, Mo., elected two African Americans to their city council in the first city election following a controversial police shooting inspired efforts to cut Missouri governments' reliance on court fines to support budgets.

A San Francisco-based airline's April Fool's joke triggered a disclosure notice on EMMA; the trustee for bonds issued for the airport in Branson, Mo. Wanted to be sure bondholders new that Virgin America was just kidding about its plans to serve Branson.

The Missouri Highways and Transportation Commission has tapped its chief financial officer Roberta Broeker to serve as interim director of state Transportation Department as a national search continues for a new leader to replace retiring director Dave Nichols.

A Missouri city is asking a state judge to void its contract with the Missouri Joint Municipal Electric Utility Commission in the latest push back from local governments angry over higher energy costs tied to the controversial Prairie State coal plant project.

Missouri lawmakers are advancing legislation that makes clear legislative and voter authority over any borrowing, a move prompted by questions over whether Gov. Jay Nixon’s bonding proposal for a new St. Louis Rams professional football stadium requires a vote.

Investors in a federal class action lawsuit stemming from the failure of a bond-financed Missouri sucralose plant stand to recoup about 86% of the par value of their losses.

The Missouri Supreme Court took control of Ferguson’s municipal court system Monday in a move that follows a stinging federal report that accused the officials there of abusive practices designed to generate revenue for the court and city coffers.

The Missouri Joint Municipal Electric Utility Commission is selling $158 million of power refunding bonds tied to the controversial Prairie State coal plant, which recently won a round of fresh praise from ratings analysts.

The Metropolitan St. Louis Sewer District would like to ask voters next year to support $919 million in new borrowing for wastewater projects and to revamp its stormwater fee structure.