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The junk-rated city is eyeing a return to market without a state backstop, but there is no timeline.
June 26 -
It’s the city’s first bond investor conference since exiting active state oversight earlier this year.
June 1 -
The tax plan supports $250 million in bond financing by authorizing the capture of roughly $18.56 million of principal and interest payments annually.
May 23 -
Moody's Investors Service, citing fiscal improvements, upgraded the city to Ba3.
May 22 -
Detroit's casino revenues steady but city conservative with projections.
May 10 -
The city’s ability to sustain strong reserves will be a key credit factor going forward, S&P Global Ratings said.
May 2 -
Detroit's financial progress since its 2014 exit from Chapter 9 still leaves the city with debt, pension and economic development challenges.
May 1 -
The action set the stage for the city’s exit from direct state supervision later this month.
April 20 -
Detroit's affordable housing plan would give developers access to private activity bonds associated with Michigan’s 4% tax credit program.
March 23 -
Detroit's plan to pay off some bankruptcy-related debt early should save $11.7 million.
March 14 -
The state of the public school district is vital to encourage young families to move back into the city, he said.
March 7 -
The insurer wants more time to develop land it received as part of the city's bankruptcy exit.
February 27 -
Detroit wants to use $55 million in surplus cash to retire debt issued in 2014 as part of the city’s exit from Chapter 9 bankruptcy.
February 20 -
An official says that a transit plan without Oakland and Macomb is “absolutely viable from a technical standpoint.”
February 16 -
Oakland County Executive L. Brooks Patterson said he won't ask county voters to fund the system.
February 9 -
The Detroit-based university will sell $120 million in general revenue bonds.
February 9 -
The city ended fiscal 2017 with a $53 million surplus, marking its third straight budget surplus since exiting bankruptcy.
February 1 -
The city launched a new investor website, and boasts two recent upgrades to its still-junk ratings.
January 2 -
After granting an expansion franchise to Nashville, Major League Soccer has Cincinnati, Detroit and Sacramento on the hook.
December 27 -
Wayne State University's partnership with a private developer may serve as a model -- especially if the pending tax law bans private activity bonds.
December 5















