Midwest

Moody’s Investors Service last week affirmed its Baa2 rating on King’s Daughters’ Hospital and Health Services but revised the outlook to negative from stable, warning that the facility faces volume and operating pressures.

A Chicago government review group has endorsed DuPage County’s proposed $435 million 2012 budget in recognition of its efforts to cut spending and hold its property tax levy steady.

CHICAGO - The Toledo-Lucas County Port Authority plans to issue $14.4 million of bonds to finance a takeover of Toledo's parking system in a deal that gained final City Council approval last week.

CHICAGO - The Metropolitan St. Louis Sewer District will exhaust its remaining borrowing authority next month when it competitively bids $52 million of revenue bonds, but the agency hopes to return to the market by spring if voters grant $945 million in new bond authority.

CHICAGO - Chicago will tap its high-rated sales tax credit this week to primarily refund general obligation bonds in a $238 million deal that marks the inaugural market outing by new Mayor Rahm Emanuel's administration.

CHICAGO - Triple-A rated Hennepin County, the richest county in Minnesota, will take competitive bids Tuesday on $60 million of new-money general obligation bonds in its first borrowing of the year.

CHICAGO - Cleveland Hopkins International Airport plans to price $75 million of passenger fee-backed revenue bonds Wednesday, its first new-money borrowing in 10 years.

CHICAGO - The Cuyahoga County Council this week approved a measure that will allow Ohio's most populous county to launch a bond-financed program to finance economic development projects.

CHICAGO - Michigan Gov. Rick Snyder laid out an ambitious infrastructure plan Wednesday, saying the state needs $1.4 billion of new money to maintain its roads and bridges and should borrow $600 million for sewer and water projects.

CHICAGO - Reversing a recent decision, the Obama administration Monday said Ohio could use a small federal grant to finance Republican Gov. John Kasich's effort to privatize the Ohio Turnpike.