Midwest

  • Wisconsin

    CHICAGO — Wisconsin now expects to collect at least $600 million more in tax revenues over the next three years than previously projected, but Gov. Scott Walker said most of the increase would go to pay off existing obligations, not to ease deep education and local government spending cuts proposed in his next budget.

    May 12
  • Missouri

    CHICAGO — In a deal that debuts expanded disclosure about its pension obligations, Missouri will take competitive bids Tuesday on $76.9 million of refunding certificates of participation with the savings aimed at providing budgetary relief.

    May 12
  • CHICAGO — Michigan Gov. Rick Snyder’s choice for emergency manager of Detroit ­Public Schools will enjoy broader powers than his predecessor, but faces a structural deficit that has increased more than 60% in two years.

    May 11
  • Minnesota

    CHICAGO — With the clock ticking on the Minnesota Legislature’s spring session, representatives from the Minnesota Vikings and Ramsey County met with key lawmakers Wednesday to promote their proposal to build a publicly subsidized $1 billion stadium in the Twin Cities suburb of Arden Hills.

    May 11
  • CHICAGO — Struggling to meet traffic projections for its privately owned airport in Missouri’s Ozark Mountains, Branson Airport LLC has won some breathing room from holders of $113 million of airport bonds under a forbearance agreement that staves off any enforcement actions.

    May 10
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  • Indiana

    CHICAGO — The Gary school district is warning that Indiana’s refusal to allow the district to levy a new tax for debt service payments will lead to teacher layoffs and other classroom cuts.

    May 10
  • Wisconsin

    CHICAGO — Wisconsin will enter the market as soon as Wednesday with up to $276 million of general obligation refunding bonds to complete a debt restructuring originally held up by the controversy earlier this year over Gov. Scott Walker’s move to curtail the collective bargaining rights of most public unions.

    May 10
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  • Michigan Gov. Rick Snyder is now expected to wait until the Legislature ­approves a fiscal 2012 budget before introducing a draft measure to advance a controversial plan to build a publicly funded bridge over the busy trade route spanning the Detroit River.

    May 10
  • Illinois

    CHICAGO — Illinois lawmakers should reject much of Gov. Pat Quinn’s proposed $52.7 billion fiscal 2012 budget because it leaves a $2.4 billion operating shortfall and relies too heavily on an expensive borrowing scheme to pay off billions of dollars in overdue bills, a local tax policy group recommended Monday.

    May 9
  • Nebraska

    CHICAGO — The Nebraska Public Power District Monday will price $64 million of general revenue bonds to refund commercial paper issued to finance the cost of nuclear fuel. The bonds mature from 2012 through 2017.

    May 6