Midwest

S&P Global Ratings raised its long-term rating and underlying rating to 'AA+' from 'AA' on Cleveland's limited-tax general obligation (GO) bonds.

A coalition of prominent groups told Illinois lawmakers not to come back without a budget resolution.

Illinois Senate Democrats passed a $37.3 billion budget with more than $5 billion of new tax revenue.

The Aurora City Council is set to vote on a $16.5 million bond issue to pay for capital projects during the next four years.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Illinois still has time to solve its budget ills, according to Fitch Ratings.

Altru Health System wants to issue $115 million in bonds, some of which will go toward replacing the Main Clinic closed months ago because of a structural failure.

The District 80 Board of Education Monday approved issuing $5.5 million in bonds to fund a new gym and safety upgrades at district buildings.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

New Indiana law paves the way for state oversight of two struggling school districts.