Midwest

Washtenaw County is considering issuing $345 million to pay down its pension and retiree health care obligations.

Iowa Gov. Terry Branstad will sign a sweeping tax overhaul package into law on Wednesday.

The ratings of Illinois' eight public universities and their collective $2.5 billion of debt face a potential downgrade over exposure to the state's fiscal woes, Moody's investors Service warned.

For the second year in a row, Cook County, which includes Chicago, has released its annual audit on time after failing to do so for more than a decade.

A lawsuit filed in Cook County Circuit Court against the Illinois Department of Revenue claims changes made in 2012 to the state's charity care law that governs not-for-profit hospitals violates the state constitution.

The recent debt service defaults of two Michigan school districts highlights the struggles facing a near-record number of districts across the state.

Detroit emergency manager Kevyn Orr puts the odds of the city declaring bankruptcy at 50-50.

Chicago's motor fuel tax credit took its second ratings hit in a week with Moody's Investors Service dropping its rating one level to Baa1 over exposure to Illinois.

Ascension Health Alliance will make its first foray into the long-term taxable market this week when it sells $1 billion of refunding bonds in a mix of tax-exempt and taxable paper.

The Securities and Exchange Commission has charged the leader of a Detroit-based investment advisor for stealing nearly $3.1 million from a pension fund that his firm manages for the city's police officers and firefighters.