Midwest

Mayor Rahm Emanuel on Tuesday said he will not seek re-election next year.

The Midwest's public and private universities are straining to deal with enrollment losses.

Cleveland Hopkins is planning to issue $90.3 million of series 2018 A refunding bonds and $21 million of series 2018B bonds.

Bond lawyers will recognize the late Jim Lebenthal and Lewis Horne with awards next month, as well as Virginia "Gigi" Benjamin.

Rock Creek Community Academy is turning to the bond market for the first time.

Other bills signed by Gov. Bruce Rauner include one to support a PACE clean energy financing program.

Michigan no longer has any local governments under emergency management and the state program may be quietly laid to rest.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The Rahm Emanuel administration told aldermen that a POB could save $6 billion and ease future tax and fee hikes.

Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.