Midwest

The Wayne County, Mich. board of commissioners is scheduled to vote Thursday on how to resolve its financial emergency.

St. Louis voters Tuesday rejected a $180 million bond measure that the city had promoted as needed to help get deferred infrastructure work completed.

The Metropolitan Pier and Exposition Authority's triple-A Standard & Poor's rating became a victim of the Illinois budget impasse, getting a seven-notch downgrade.

St. Louis is free to spend tax money to fund a new football stadium, according to a St. Louis Circuit Court ruling overturning a city ordinance aimed at requiring such support go to a public vote.

Chicago's rising pension and debt service tabs, and a persistent, albeit shrinking, operating deficit, pose a long-term strain to the city's balance sheet, the city says in its annual financial overview.

Higher than expected revenues gives Missouri the needed matching funds for federal road dollars in 2017.

Minnesota takes competitive bids Wednesday on $1.1 billion of its high-grade general obligation paper to finance projects and refund debt for savings in a deal that marks the state's single largest issuance of general obligation paper.

St. Louis voters head to the polls Tuesday to decide whether to give the city authority to sell $180 million of debt to finance infrastructure work.

Philadelphia-based Public Financial Management, the country's largest municipal advisory firm, said it has acquired Stauder, Barch & Associates, Michigan's oldest FA firm.

The latest top state court to weigh in on pension reforms ruled in Michigan last week that the state's pension reforms enacted in 2011 are constitutional, overturning two lower court decisions.