Midwest

A two-year Indiana state budget is moving to the Senate after gaining approval in the House.

Lagging Nebraska tax revenue resulted in a new cut to the state’s revenue forecast.

Minnesota Gov. Mark Dayton and lawmakers got the good news Tuesday in a fresh revenue forecast that adds $250 million to the state’s more than billion dollar surplus.

A struggling Indiana highway public-private partnership may have turned a corner.

Chicago Public Schools is warning that without state help or court intervention a $129 million shortfall may force it to end the school year early.

Chicago-based Pugh Jones & Johnson PC has hired veteran municipal attorney Brendan Cournane to round out its public finance team, a move the firm believes will further boost its evolution from a firm in the second seat to a player among lead bond counsel firms.

Detroit Mayor Mike Duggan announced a plan he says will help the city meet a 2024 balloon payment on its pension obligation.

In a change of course, a Detroit authority will issue new bonds to finance the $34 million cost of adapting the under-construction Little Caesars Arena to house the Detroit Pistons basketball team.

Moody's Investors Service said it has downgraded the city of Wayne, Mich.'s issuer rating to B1 from Ba3 and general obligation limited tax rating to B2 from B1.

The prospect of swift legislative action to overhaul the Illinois education funding system appeared more remote Thursday, as the state House’s top Democrat announced of a new task force to come up with a plan.