Midwest

Harvey, Illinois, bondholders continue to get the city's home-rule taxes, but lose the city's share of state taxes.

The university can issue debt or pay cash to cover the settlement but either option has credit consequences.

The Indiana school district gets to wipe out its $10 million deficit and Ball State University will take over operations in July.

The Chicago Fed National Activity Index rose to 0.34 in April from a revised 0.32 in March, the Federal Reserve Bank of Chicago reported on Monday.

The Illinois city's revenue bondholders want any legal settlement to prioritize their claim over those of pension funds.

The district priced debt Thursday at narrower spreads than it faced in a November sale.

S&P placed MSU on CreditWatch with negative implications, citing a lack of clarity on how the settlement will be paid for.

Cities coping with phenomena like climate change and cybersecurity are empowering themselves through data mining and other smart technologies.

Illinois Gov. Bruce Rauner submitted a capital appropriation for the project this week.

Public transit agencies have a $90 billion backlog of maintenance, repair and modernization projects.