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Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.
February 25 -
Drawing the distinction between the region and the city helps the city provide better revenue projections going forward.
February 18 -
Michigan state officials say low interest rates make a compelling case for issuing bonds to fix roads.
February 5 -
Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.
December 12 -
Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.
September 19 -
The budget battle between Republican lawmakers and Gov. Gretchen Whitmer looks no closer to being resolved by the Oct. 1 deadline.
August 29 -
The plan would have the state issue $10 billion of pension obligation bonds to create annual budget savings to fund road repairs.
July 9 -
First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.
May 28 -
Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.
April 30 -
Gretchen Whitmer's first budget proposal would also provide a tax break for pension and retirement income.
March 5