Midwest

Opponents withdrew petitions for a threatened referendum that had stalled plans to issue bonds for the Quicken Loans Arena rehab.

Two of Iowa's top elected officials are at odds over whether state government should use short-term borrowing to head off potential cash-flow problems that could delay school aid payments or meeting other obligations on time in 2018.

The signing of Illinois Senate Bill 1947 alleviates the uncertainty for schools created by the multiyear state budget stalemate and recent veto, Standard & Poor’s said.

Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.

The Chicago Teacher's Union threatened a lawsuit that could derail the funding package.

The state passed a law to strengthen its school credit enhancement program, bringing Moody's upgrades to 58 school districts.

The package delivers about $150 million more than district officials wrote into their spending plan for the year.

The Hicks-Hudson administration left $3 million in Toledo's general fund at the end of 2016 hoping it would help the city get a better bond rating.

Southland School District administrators are working to form a new plan after voters soundly rejected a proposed $24.56 million bond issue.

A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.