Midwest

Alaska has an edge over North Dakota in credit quality because of its exceptional fiscal reserves, according to Moody's Investors Service.

Milwaukee will take competitive bids Wednesday on $125 million of revenue anticipation notes for the city's public school system.

A new quantitative fiscal review of four Chicago charter schools and networks ranks two as financially healthy while the other two face negative trends that could hinder their long term prospects.

Indianapolis Mayor Greg Ballard is embarking on his third major public-private partnership, to build a new criminal justice center that would mark the largest social-infrastructure P3 structured with availability payments to date.

The city of Detroit rested its case in the trial to decide if its bankruptcy confirmation plan will be confirmed after Detroit Mayor Mike Duggan and City Council President Brenda Jones testified that they would work to support and implement its plan of confirmation.

Standard & Poor's has bumped Howard Young Health Care Inc. firmly into single A category with a two notch upgrade in recognition of tis strong financials and its parent's relationship with Ascension Health Alliance last year.

Chicago Mayor Rahm Emanuel vowed not to raise property, sales, or gasoline taxes to help erase $297 million of red ink in his proposed 2015 budget, set to be unveiled later this month.

Bond insurer Syncora Guarantee Inc.'s settlement with Detroit was the focus of much of the testimony Friday during the federal trial on the city's bankruptcy exit plan.

Chicago-based William Blair & Co. is making a big push into the Texas market, snaring a five-member banking team from Robert W. Baird & Co. led by Ajay Thomas who will take over the firm's public finance banking group and help guide a national expansion.

The transfer of the Detroit Water and Sewer Department into a new regional authority advanced last week when the Wayne County board of commissioners approved the deal.