Midwest

Improving operating margins helped win Missouri-based Mercy Health a stable outlook from Moody's Investors Service.

Minnesota’s coffers have surged to twice the previously projected balance, prompting a new round of debate over how to spend the extra funds with a focus on tax cuts, education, and transportation.

Moody’s Investors Service revised the outlook on its Baa3 rating of Roosevelt University in Chicago to negative as it struggles with enrollment loses.

Moody’s Investors Service has placed Indianapolis Public Schools Aa2 rating under review with its direction uncertain due to the lack of current financial information.

Motor fuel tax revenues and gambling tax funds owed to local governments in Illinois would begin flowing again under legislation advancing with Gov. Bruce Rauner’s support.

Chicago Public Schools’ chief financial officer, Ginger Ostro, is leaving the troubled district.

Illinois will make its scheduled $560 million December pension payment despite the ongoing state budget impasse, state comptroller Leslie Geissler Munger says.

The Illinois-based College of DuPage’s former treasurer Thomas Glaser and controller Lynn Sapyta filed a federal lawsuit Tuesday accusing their former employer of wrongful termination for their opposition to a board member’s political agenda.

Nearly four dozen Michigan school districts have suffered credit erosion this year and the trend shows no signs of waning, Moody's Investors Service said in a report.

The Moraine Valley Community College in Illinois lost its top credit marks ahead of its upcoming $9.2 million general obligation refunding.