Midwest

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.

Two Midwest nonprofit healthcare organizations that have run into financial difficulty this month illustrate the role of Medicare and Medicaid reimbursements.

The University of Chicago went to market this week, as the Trump administration has targeted higher education and faculty criticize budget and program cuts.

Midwest municipal bond volume surged more than 29% year-over-year to $46.05 billion for the first half of 2025.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

Auditor General Frank Mautino said the delay was due largely to $1.2 billion erroneously collected from pharmaceutical companies that had to be addressed.