Midwest

Moody's Investors Service revised its outlook on Wisconsin Public Power Inc.'s A1 rating to negative from stable because plans for additional debt may strain the system's balance sheet.

For the second time in three months, Standard & Poor's upgraded its long-term rating on the Cleveland-Cuyahoga County Port Authority's bond fund program.

Moody's Investors Service downgraded the Bishop International Airport Authority, Mich. to Baa3 from Baa1 citing falling passenger levels and cuts in airline service offerings.

Michigan Gov. Rick Snyder signed into law a bill for fiscally distressed governments, replacing a law voters overturned in a ballot referendum.

The Indiana Finance Authority finalized its agreement and reached commercial close on a deal with WVB East End Partners to design and build the state's part of the massive bi-state Ohio River Bridges Project.

Chicago has reached a settlement with St. John United Church of Christ that includes a $1.3 million payment for church land that had housed a cemetery moved to make way for a new runway at O'Hare.

Indianapolis will start the new year with a $42 million double-A rated bond deal should put the finishing touch on its massive $754 million public safety net hospital replacement.

Columbus, Ohio, Auditor Hugh J. Dorrian intends to ask for authority to refund up to $475 million of Build America Bonds and recovery zone economic development bonds if federal subsidies are cut under sequestration or in a deal to avoid the fiscal cliff.

The Illinois State Toll Authority board has approved a $1.5 billion budget for the coming year along with $1 billion in toll-backed bonds in the agency's first borrowing to support its 15-year $12 billion capital program.

Women in Public Finance will honor three professionals next month in Chicago at the national organization's 7th annual founders' awards.