Midwest

CHICAGO — Ohio today and tomorrow will price $215 million of double-A rated Garvee bonds.

CHICAGO — Chicago plans to sell about $175 million of general obligation bonds next month to provide an infusion of funding for school building projects at the cash-strapped Chicago Public Schools to help keep its long-term $5 billion capital program on track.

CHICAGO — Nebraska voters in Tuesday’s primary green-lighted several borrowing requests and a constitutional amendment that will allow local governments to issue tax-exempt debt on behalf of nonprofit organizations.

CHICAGO — While Illinois lawmakers temporarily adjourned last week without passing a fiscal 2011 budget, they did approve legislation establishing a commission that will lead the initial planning effort for a regional high-speed rail system.

CHICAGO — Moody’s Investors Service this week downgraded Toledo, Ohio, warning that falling income tax revenue has led to repeated general fund shortfalls despite attempts to stabilize financial operations.

As North Dakota enjoys the largest oil boom in its history, counties and cities struggling to provide the infrastructure needed to support the growing industry are turning to the state for help.

CHICAGO — Unwilling to accept a proposed income tax increase for the state’s top earners, Minnesota Gov. Tim Pawlenty moved quickly Tuesday to veto the budget-balancing plan rushed through the Legislature one day earlier by Democratic leaders.

CHICAGO — The University of ­Chicago is watching the market closely, hoping to sell $300 million of taxable fixed-rate bonds this week or next to raise funds for capital projects and restructure debt from a bank line of credit.

CHICAGO — The Democratic leaders of the Minnesota Legislature advanced a plan yesterday that relies on a mix of cuts, delaying school aid payments, and more tax revenue from the state’s top earners to erase a looming $3 billion deficit.

CHICAGO – With no long-term resolution in sight over the state’s budget crisis, Illinois lawmakers adjourned on Friday after giving public universities new borrowing authority and approving a debt restructuring for the agency that manages Chicago’s convention center.