Midwest

Detroit revised its revenue estimates upward this week as more revenue flows from the reopening of casinos and new internet gambling options.

Illinois trimmed yield penalties in its latest sales tax-backed sale with spreads of 40 and 45 basis points on its 10-year compared to 89 bp three years ago.

Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.

While falling to the lowest amount of inflows since June 2, the total for the year according to ICI at $72 billion, is still on pace to come close to or break the record, $93.2 billion, hit in 2019.

Ridership on the RTA's three service boards remains sharply below pre-pandemic levels but it benefits from coronavirus relief and stellar sales tax performance.

Legislation backed by Illinois Gov. J.B. Pritzker gives two municipally owned coal plants more time to cut carbon emissions but they still face closure in 2045.

Market participants welcomed the municipal-related provisions in the reconciliation bill but are hesitant to start making bets on its passage.

The university heads into the market this week with a mix of tax-exempt, taxable, new money sustainability and refunding bonds

The proposed union that would give the two a healthy market position in Illinois comes as federal regulators are stepping up anti-competitive scrutiny of such transactions.

In her professional role, Lisa leads management of state bond issuance and repayment of an $11 billion debt portfolio under five unique credits.