Midwest

Illinois expects to collect $369 million more in revenue than previously estimated by the end of the current fiscal year, according to new estimates.

Texas voters approved a $2 billion water bond program Tuesday in the largest of many bond related issues voters decided in the off-year.

Detroit late Tuesday asked the federal judge overseeing its bankruptcy case to approve a controversial $350 million debtor-in-possession financing.

Former Michigan Treasurer Andy Dillon said Tuesday that he became convinced bankruptcy was inevitable for Detroit when he saw the city’s proposal for unsecured creditors.

Illinois legislative leaders reported "progress" on a fix for the state's underfunded pension system, but not enough to pass legislation this week during the General Assembly's annual veto session.

The Illinois State Toll Highway Authority plans to borrow $900 million of new money next year to help support its 15-year, $12 billion capital program.

The Minneapolis City Council is expected to vote later this month on the city's agreement with the National Basketball Association's Minnesota Timberwolves on a $97 million renovation plan for the city-owned Target Center arena.

The Wisconsin Center District Board has decided to undertake a study on whether it makes financial sense to expand Milwaukee's downtown convention center.

Moody's Investors Service downgraded $10.8 million of certificates of participation issued for a Chicago tax-increment financing district two notches to the lowest investment grade level, Baa3.

Former Michigan Treasurer Andy Dillon may be called to testify Tuesday as the battle over Detroit's eligibility to enter into bankruptcy enters its seventh day.