Midwest

Illinois Gov. Pat Quinn tapped former Chicago Public Schools leader and former city budget director Paul Vallas as his running mate in the 2014 election.

Wayne County is expected to vote Tuesday on a proposal to sell an unfinished, bond-financed jail project in downtown Detroit to a private developer.

Blaylock Robert Van LLC has opened a new office in Columbus, Ohio staffed by a veteran investment banker who's been active in the state's municipal market for 30 years.

National League of Cities members on Saturday elected St. Paul, Minn. Mayor Chris Coleman as their president for 2014 at a business meeting on Saturday.

Illinois hopes to select a private partner to develop its estimated $1.1 billion share of the proposed Illiana toll road by next fall with the goal of closing on a finance package as soon as early 2015, a top state transportation official said Thursday.

The federal judge overseeing Detroit's bankruptcy case ruled Thursday that the city must reveal the fees it plans to pay to Barclays for a $350 million debtor-in-possession financing, one of the few DIP loans for a municipality in Chapter 9.

Cook County, Ill., heads to market as soon as next week with a new bond team selected out of the county's newly assembled, three-year bond team pool.

Detroit's mayor-elect Mike Duggan introduced the core of his transition team even as he said it remains unclear how much power he will have under the city's state-appointed emergency manager.

The Chicago Infrastructure Trust approved its inaugural financing -- a $27.5 million tax-exempt private placement to finance city energy efficiency projects – advancing it to the City Council.

Detroit emergency manager Kevyn Orr redirected $95 million meant for debt-service payments into a fund for restructuring costs, according to a budget memo obtained by the Detroit City Council.