Midwest

Timothy McGregor has joined Chicago-based Riverbend Capital Advisors as managing partner. He will oversee the shaping and execution of investment strategies.

A half-billion dollars in grants are to be split by a dozen of the nearly 500 applicants for the tech hub program and 31 semifinalists.

The Illinois state comptroller reported a 55% year-over-year increase in the general revenue fund cash balance as her office closed fiscal 2024.

After the west abutment on the Rapidan Dam partially failed last week, it's up to the Blue Earth County board of commissioners to pursue repair or removal.

The $82.5 billion fiscal 2025 budget includes the final tranche of Rebuilding Michigan Plan bonds.

In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.

Nebraska Gov. Jim Pillen called a special legislative session for July 25 so lawmakers can consider his plan for property tax reform after his April attempt fell short.

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

Wyoming Gov. Mark Gordon, a Republican, recently vetoed anti-ESG legislation similar to Missouri's, saying that it overstepped legal authority.

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