Midwest

Mayor Brandon Johnson is set to unveil a spending blueprint with new revenue proposals next month.

The state in 2010 sold $1.5 billion of bonds backed by payments from a master settlement agreement with tobacco firms and used the proceeds to pay overdue bills.

"In the coming weeks, we will be taking a much closer look at the challenges we face and how we will address those challenges reasonably and responsibly," said Mayor Brandon Johnson.

The authority approved $1.3 billion in conduit financings at its meeting Tuesday.

A Wisconsin county has sold more than $200 million of bonds for broadband provider Bug Tussel to provide high-speed internet to rural customers in the state.

The EPA failed to follow an escalation policy that was crafted in the wake of the water crisis in Flint, Michigan.

The Des Moines Airport Authority wants to take advantage of Polk County's triple-A ratings to lower borrowing costs for a terminal project.

"As an investor I'm not looking at the activity of the stadium as the security," said an Illinois sports authority bondholder of potential exits by the White Sox and Chicago Bears.

Despite this, August saw the largest monthly volume of 2023, helped by several billion-dollar deals and multiple Texas school district deals.

The settlement, which hinged on a successful exchange of old bonds for fresh debt, resolves long-running investor litigation.