Midwest

Iowa accounted for $16 million of the approximately $36.1 million in aggie bonds issued in 2017, according to a recent survey by the Council of Development Finance Agencies.

Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.

The Missouri Highways and Transportation Commission takes bids Wednesday on its first new money deal in nine years.

The Ann Arbor, Michigan, schools persuaded voters that waiting would be more expensive, while pitching greener buildings in an education-driven community.

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

The labor deal with teachers to end an 11-school-day strike puts pressure on Chicago Public Schools in the out years, say FItch and S&P.

Illinois’ competitive $750 million general obligation issue proved an easy sell with tight cover bids.

The unfunded liabilities rose to $137 billion in fiscal 2019 from $134 billion, and the state will have to contribute $600 million more in fiscal 2021.

The junk-rated school district revised its fiscal 2020 budget to reflect the contract that ended a teachers' strike, but long-term questions remain.

A deal this week will refinance Indiana Finance Authority lease appropriation bonds issued in 2008 for a convention center expansion project.