Midwest

Attorney Greg Clark takes over as the manager of the Indianapolis Local Public Improvement Bond Bank after director Deron Kintner left last August.

Indiana floated a request for interest for firms looking to partner with the state on a new section of Interstate 69, which is the latest in a series of P3 transportation projects the state has undertaken.

The local governments of Cook County, Ill. together face a financial burden of $34 billion from unfunded pension liabilities and other debt, according to a pair of public policy groups in Chicago.

Stiff competition with the private sector put bonds issued by the Minnesota city of Monticello to build a city-owned broadband network in default.

The Detroit City Council will meet in two special sessions over the next several days to vote on key measures needed to win release of state-controlled bond proceeds and revenue aid that the city needs to make it through both the calendar and fiscal years.

Wisconsin expects revenue collections in the next biennium beginning in July to grow by $1.5 billion above this biennium’s collections.

Moody’s Investors Service downgraded to B3 from Ba3 its rating on Ashland University, Ohio, and kept its outlook negative.

A federal appeals court Monday handed the three major rating agencies a victory by upholding a dismissal of a lawsuit brought by five Ohio pension funds that blamed the agencies for major investment losses.

Voters in the Williston Public School District, N.D. next week will consider a $55 million bond measure to build new facilities to accommodate a spike in enrollment due to the area’s massive oil boom.

Illinois Comptroller Judy Baar Topinka last week slammed a legislative proposal to borrow $4 billion to pay down the state’s mammoth bill backlog