Midwest

Chicago's second tax-increment financing district for transit would provide up to $959 million of funding to leverage federal infrastructure grants.

University of Michigan Health will acquire Sparrow Health System in a move that provides a fiscal infusion for Sparrow's operational and capital ailments.

Illinois' unfunded pension tab improved slightly in 2022 because 2021 returns still play a role in the actuarial assessment through smoothed investment returns.

Minnesota raised its surplus projections by $6 billion Tuesday and Wisconsin last month added $2.7 billion to its surplus.

The RTA and its service boards are eyeing funding sources to avoid damaging service cuts and fare hikes as they exhaust federal COVID-19 pandemic relief.

Advocate Aurora Health and Atrium Health finalized their merger Friday.

The state will use surplus revenues to pay off the remaining $1.36 billion balance and will loan the trust another $450 million to bolster its health with repayment going toward the state's budget stabilization fund.

University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint

St. Louis will receive $250 million and St. Louis County gets $169 million under a deal to distribute the $790 million legal settlement with the National Football League Rams over its 2016 move to California.

The Nov. 8th ballot in Midwest states was crowded with bond, governance, and policy questions.