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The university has not said how it intends to pay for the legal settlement.
May 17 -
The university will issue $72 million of general revenue bonds in a negotiated sale Thursday.
May 15 -
The district remains deeply in speculative-grade territory even after the two-notch upgrade.
May 11 -
Detroit's casino revenues steady but city conservative with projections.
May 10 -
School bond supporters received favorable results for the biggest three proposals.
May 9 -
A flyer opposing Northwest Community Schools' upcoming bond vote has been showing up in district residents' mailboxes for a couple of weeks.
May 4 -
Moody's Investors Service lowered the university one notch to Aa2.
May 3 -
The city’s ability to sustain strong reserves will be a key credit factor going forward, S&P Global Ratings said.
May 2 -
The tax and omnibus spending bills offer little relief for state and local infrastructure.
May 1 -
Detroit's financial progress since its 2014 exit from Chapter 9 still leaves the city with debt, pension and economic development challenges.
May 1