Midwest

Ohio is highlighting the strong, multi-layered backing of its highway bonds as it prepares to sell $231 million to pay for highway capital improvements.

Cook County board President Toni Preckwinkle will introduce plans next week for a privately financed $600 million redevelopment of the county’s long-closed historic hospital along with a new $118 million bond-funded addition to its current hospital campus.

Kansas City heads into the market Thursday with a $332 million new money and refunding special obligation backed issue.

After a long wait, legislation to reduce Chicago's contribution this year to its public safety pension funds was sent to Gov. Bruce Rauner's desk.

St. Louis, its sewer district, and Kansas City scored fiscal victories in elections Tuesday in Missouri, when Ferguson voters rendered a split decision on proposed tax increases.

Illinois community colleges face downward rating pressure from delays in state aid payments and likely future state aid cuts.

Wayne County, Mich. closed out fiscal 2015 with a $5.7 million surplus, reversing a prior trend of deficits that led to state oversight, according to its audited financial reports.

Illinois’ net financial position based on governmental activities worsened in fiscal 2015, reaching a negative $125.3 billion, according to the state auditor general.

The time may be ripe to rethink Michigan’s emergency management law after the Flint and Detroit Public Schools crises exposed flaws that critics say highlight how the law can fail citizens and ultimately hurt the state’s credit.

Kroll Bond Rating Agency downgraded Chicago’s general obligation bond rating one notch to BBB-plus in response to the Illinois Supreme Court’s decision tossing its 2014 overhaul of two of its four pension funds.