Midwest

City-county council of Marion County and Indianapolis approved Mayor Joe Hogsett's second straight structurally balanced budget on Oct. 15.

Municipal bond volume is set to rise in the last week of October.

The district chopped off more than two percentage points, thanks to new state aid and pension help

Municipal bond supply takes a leap forward next week as Chicago’s Sales Tax Securitization Corp.’s $1.31 billion deal headlines the new issue calendar.

The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.

The school district says fiscal gains allow it the option of going with a competitive sale on its short-term borrowing.

Financial institutions and other businesses with ties to the kingdom would face a ban on doing business with Chicago under a proposed ordinance.

The 50 City Council members will ultimately have to sign off on new revenue needed to achieve actuarial funding.

Gage County had consulted a bankruptcy attorney, who told officials it wouldn't qualify for Chapter 9.

S&P Global Ratings cautioned Chicago's leaders about issuing pension obligation bonds and avoiding a backslide on budget progress.