Midwest

A constitutional amendment protecting transportation revenue is headed to Illinois voters, but questions on redistricting and a graduated income tax rate fell by the wayside.

East Cleveland, Ohio says it is insolvent and bankruptcy is its best option to preserve essential public services in the city of 18,000, which has no bond debt.

A Chicago-based investment advisor faces jail time after pocketing more than $4 million from the sale of phony Chicago-backed securities that she described as "Chicago Anticipatory Notes."

The Chicago Public Schools face an August deadline to renew its credit lines having generated little traction for plans to bring their budget to a sustainable position.

The financial crises in Chicago and Illinois may get worse before they get better, experts told the National Federation of Municipal Analysts.

Voters in Indiana and Michigan responded favorably to requests for hundreds of millions of dollars in requests for bond borrowing authority.

State legislation to deal with about $500 million in Detroit Public Schools debt is headed to Michigan’s full House after winning approval Wednesday.

Milwaukee takes competitive bids Thursday on $300 million of notes and bonds, and plans another sale in June to support a basketball arena.

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

Some version of Detroit’s so-called “grand bargain” could help other fiscally struggling Rust Belt cities, including Chicago, the Manhattan Institute for Policy Research says in a report.