Ohio

Ohio is facing steeper than projected declines in cigarette smoking, and thus in tobacco settlement revenues, and disputes from tobacco giants over payments.

Cuyahoga County and Cleveland will each pay $20 million to fund capital repairs at the venues that host Cleveland Cavaliers basketball and Guardians baseball.

The battle over ESG investing is spreading in the Midwest, with the recent passage of an Ohio law and a decision by the Indiana Public Retirement System.

Ohio legislators plan to vote Wednesday on a resolution that would put a $2.5 billion general obligation bond measure on statewide ballots May 6.

Some Midwest states, notably Michigan and Ohio, dipped well below a national average that saw roughly two of every three school bond measures approved in November.

PureCycle Technologies, which bought back its muni bonds earlier this year, continues to sell them on to support its liquidity needs, CFO Jaime Vasquez said.

The Central Ohio Transit Authority's half-cent sales tax increase will back up to $500 million of revenue bonds.

A little-noticed program in Ohio's capital budget is drawing attention after a nonprofit advocacy group called its grants to religious groups unconstitutional.

Xavier University in Ohio is the latest private Midwest college to face bad financial news -- downgrades from two bond rating agencies -- but it's not alone.

Cleveland returns to market Wednesday in the first of two bond deals this month. That $64.4 million GO deal funds public parks, bridges and road improvements.

The Ohio Water Development Authority planned to sell $400 million of new money bonds in addition to a refunding driven by a tender offer.

Nuveen LLC reached an agreement to sell its 11% equity stake in Vistra Vision to Vistra Corp., that started as municipal bonds ensnared in a bankruptcy.

The Franklin County Convention Facilities Authority will issue $138.2 million of lease revenue anticipation refunding bonds to refund or redeem outstanding Build America Bonds.

Ohio's Eastern Gateway Community College has entered into conservatorship and will dissolve and close after a litany of problems and financial red flags.

Months after the SEC approved several spot bitcoin exchange-traded product shares, a number of Midwest public pension funds are dabbling in crypto investments.

States may need to look to Florida's catastrophe fund example as extreme weather increases, FEMA denies more requests and insurance becomes unprofitable in much of the Midwest.

Ohio legislators are mulling a bill that would bar the state's pension systems, universities and Bureau of Workers' Compensation from pursuing ESG investing.

The Ohio county seated in Cleveland is only one of many jurisdictions where officials are grappling with weakening sales tax revenues.

Convention centers in Chicago, Cincinnati and St. Louis are being upgraded, although cost increases after the pandemic added challenges to some financings.

Columbus' technology modernization push has embedded artificial intelligence functionality into its payroll, revenue and accounting and operations systems.