Midwest

Michigan lawmakers must pass a 2026 budget before Oct. 1, but the Republican-controlled state House and Democratic-controlled Senate are far apart.

The Minnesota Health and Education Facilities Authority will help nonprofit healthcare organizations finance capital projects.

The school had less than one time debt service coverage last fiscal year.

The Civic Federation and the Federal Reserve Bank of Chicago co-hosted an event on Wednesday titled "Taxing Times, Smarter Strategies."

The Westin Chicago Lombard's owner is returning to market with unrated bonds designed to cure payment defaults on debt issued to exit bankruptcy in 2018.

The Chicago Board of Education passed a balanced $10.26 billion budget that leaves the city government to pick up non-teacher pension contributions.

Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.

Paul Chatalas, director of capital markets for the state, said the six series of bonds drew "aggressive bids."

Missouri auditor Scott Fitzpatrick released an audit report on St. Louis Public Schools, finding the district will run out of funds in fiscal year 2031.