Midwest

Cleveland-based public finance banker Tim Reidy joined Raymond James as a managing director.

Ohio's growing economic diversity helped draw a positive outlook from Moody's, a month after a Fitch Ratings upgrade.

The Minnesota municipal bond vet will continue his focus on charter school finance in Florida.

The proposed county budget, buoyed by rising tax revenues, a healthy fund balance and pandemic relief, stays the course on supplemental pension funding.

The consolidation of suburban and downstate firefighter pension fund assets is nearly complete but litigation is delaying the police consolidation.

Mayor Lori Lightfoot's proposed budget would forgo an inflation-formula-based property tax hike and make supplemental contributions to the city's pension funds.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

The state spreads landed wide compared to a May sale, but remained far narrower than early in the pandemic and during the state's two-year budget impasse.

Texas gave S&P until Oct. 13 to produce documents detailing its development and use of ESG factors in public finance ratings.

A larger new-issue slate led by large deals from the Texas Water Development Board and state of Illinois took focus away from the secondary.