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Moody's Investors Service and S&P moved their outlook the Detroit-based university's ratings to negative as the Michigan state school prepares to sell bonds.
July 13 -
The deficits for the next two fiscal years remain unaddressed.
June 30 -
The new system would hold a commanding presence in Illinois, Michigan and Wisconsin with $17 billion of revenues and 100,000 employees.
June 17 -
Flagship schools in Michigan, Ohio and Iowa made multiple coronavirus-related disclosures in their offering documents.
June 9 -
The collapse of the mergers comes as the not-for-profit healthcare sector confronts direct and indirect challenges drive by COVID-19.
June 1 -
The state is facing an immediate $3.2 billion budget hole for the current fiscal year, with revenue estimates cut more than $5 billion for the next two.
May 18 -
Their governors are pressing the Trump administration to support more relief that directly addresses revenue blows
April 16 -
The city faces the loss of $348 million of revenue because of the economic shutdown, threatening the balanced budgets it needs to avoid state intervention.
April 16 -
The city is projecting a $100 million deficit in its current budget once the public health crisis caused by COVID-19 eases, Mayor Mike Duggan said.
April 8 -
GLWA has the flexibility to come to market as early as this week, but is monitoring the market in light of the COVID-19 impact.
March 17