Midwest

Missouri has lowered by more than $300 million the level of revenues expected in the current fiscal year, Gov. Jay Nixon announced.

The Wisconsin Supreme Court overturned a lower court ruling and upheld Milwaukee County's 2010 cuts to nurses' pension benefits.

The Illinois State Toll Highway Authority will head into its fourth year of a $12 billion, 15-year infrastructure program with record capital spending planned.

The Minnesota Orchestral Association's low investment grade credit has stabilized as the organization recovers from its past lockout, Standard & Poor's said.

The Regional Transportation Authority of Illinois heads into the new year with a $2.9 billion operating budget and $3.8 billion five-year capital program that relies on federal funds and loans, and borrowings including inaugural issues from two of its service boards.

Missouri hospitals reported providing $588 million in charity care and another $512 million in uncompensated care last year, the Missouri Hospital Association said in a report.

The Iowa Fertilizer Co. plant under construction needs an additional $100 million, the company reported in a recently posted bond disclosure.

The Chicago suburb of Rosemont plans to sell $37.5 million of taxable general obligation bonds next month to bring its public safety pensions up to near full funded status.

Standard & Poor's gave an investment-grade A-minus rating to a series of bonds Detroit recently sold as part of its exit from bankruptcy.

Illinois Gov. Pat Quinn tapped his longtime friend, aide, and acting budget director Jerry Stermer to serve out the waning weeks of the late Judy Baar Topinka's term as comptroller.