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The board has identified more than 110 out of 490 local units of government as having an underfunded pension plan or retirement health care plan — or both.
August 1 -
The county anticipates pricing for the week of Aug. 6th.
July 27 -
Wayne County plans to issue the debt, secured with a state intercept, though the Michigan Finance Authority.
July 24 -
S&P Global Ratings boosted Michigan's general obligation bonds to AA from AA-minus.
July 23 -
The measure was the latest in a series of proposals that have been shot down because of divisions between county leaders.
July 20 -
MSU plans to issue roughly $784 million of bonds, $450 million of which will be used to cover settlement costs from the sexual abuse scandal involving Larry Nassar.
July 12 -
Barring legislative intervention, the district can't issue debt to cover the $500 million in repair costs.
July 11 -
DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.
July 9 -
Michigan needs to spend $4 billion more each year for upkeep of the state's transportation, water and communications infrastructure.
July 3 -
The release of Highland Park School District in Wayne County marks the first time since 2000 that no local entity is in the oversight program.
June 27