Government finance

The high court case could have undermined the sales tax refunding warrants that priced in July.

Chicago Mayor Rahm Emanuel's new borrowing program will get an airing before City Council members next week.

Declining state aid makes districts more reliant on local taxes to fund operations, said Moody's Investors Service.

Michigan is turning to a P3 model from pay-as-you-go for its highway project to shorten the completion time.

Wisconsin Gov. Scott Walker will soon sign the $3 billion incentive package.

The county faces layoffs and service cuts if the effort to repeal a beverage tax succeeds, the board president warns.

The administrators of the school districts say the short-term loans are needed as they put together long-term fixes.

Conventional thinking about local government finances must be re-examined, NLC report says.

They say a report shows state could shave billions off interest costs if it borrows to pay down the state's unpaid bill backlog.

Mayor Rahm Emanuel will introduce an ordinance Wednesday to pave the way for the new bonds.