Midwest

The Chicago Infrastructure Trust board last week approved bylaws that open up its activities and books to the city’s inspector general.

Gov. John Kasich, who has made privatization of state assets a top priority, announced that the state will embark on its first P3 with the construction of a new bridge in downtown Cleveland.

Local communities in eight states with a stake in the controversial mostly bond-financed Prairie State Energy coal project in Illinois could face fiscal stress due to the higher than projected rates they are paying and future financial risks, a new report from an pro-environmental group warns.

Moody's Investors Service cut its rating to Baa2 from Baa1 on Crittenton Hospital, a stand-alone provider that operates in an affluent Detroit suburb.

Illinois' battered credit took another blow Wednesday as Standard & Poor's lowered the state's general obligation rating one notch to A as the state struggles with legislative gridlock on pension reform and ongoing budget woes.

The state's top court Thursday will hear oral arguments for four controversial ballot proposals that have wound their way through the state's legal system.

The fate of Minnesota's proposed tobacco refunding is in the hands of the state's high court which is being asked to decide whether the use of an appropriation pledge constitutes a "public debt" that is subject to state limits on the uses of such debt.

Moody’s Investors Service has revised its outlook on Gundersen Lutheran’s A1 rating to stable from negative in recognition of the hospital system’s strengths and favorable operating performance.

A state representative from suburban Columbus said she is drafting legislation that would create a uniform income-tax code for all Ohio municipalities.

Standard & Poor’s last week revised its outlook to positive from stable on Michigan State University and affirmed its AA long-term rating.