Midwest

Gov. Eric Holcomb's administration had been required to study the idea of more tolls under 2017 state legislation.

The Federal Transit Administration has not yet awarded $760 million of the $2.62 billion Congress set aside for transit grants in fiscal 2018 almost two months after the end of the budget year.

Milwaukee-based Baird said it will expand its public finance footprint into new markets when it closes on the purchase next year.

Dearborn plans to price $35 million of bonds and Muskegon County plans $45 million.

The state plans to price $190 million of general obligation highway capital improvement bonds.

A junk-rated $112 million deal without state backing will test the market's perceptions of the city's recovery from its Chapter 9 bankruptcy.

Chicago Public Schools is selling more than $1 billion of GOs, capital improvement tax bonds, and notes.

Chicago expects to add more than $9 billion in O'Hare debt in the coming years to upgrade the airport's terminals.

The state's backlog of unpaid bills could skyrocket to $23.7 billion without budget changes, said a new report from Gov. Bruce Rauner's administration.

Chicago officials say the city will complete its $3 billion securitization program with a $600 million deal as soon as January.