-
The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.
April 26 -
Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.
April 24 -
The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.
April 11 -
Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.
March 26 -
The deal received $3 billion in orders, allowing the finance team to trim yields.
March 21 -
Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds
March 19 -
With a mere $2.4 billion of municipal new issuance this week, investors will face stiff competition for paper.
March 18 -
Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.
February 26 -
A key committee approved a plan to use $150 million in surplus funds to pay off teacher pension obligations, with the theory that school districts may apply the savings to teacher salaries.
February 20 -
The owner of the Indy Eleven says a $150 million, 22,000-seat soccer stadium would help the team move up to Major League Soccer.
February 19