- Michigan
Municipal retirement systems will be required to report on their unfunded pension and retiree health care costs annually under legislation signed by Michigan Gov. Rick Snyder.
January 10 -
The University of Michigan heads into the New Year with a triple-A rated $450 million general revenue bond deal.
January 5 - Michigan
Former Michigan state representative Al Pscholka, who chaired the House Appropriations Committee and sponsored the state's controversial emergency manager law, will take over the state budget director's position in mid-February.
January 4 - Michigan
Detroit still faces an unexpected gap in pensions and the absence of a long-term economic plan that leaves the city vulnerable to setbacks.
January 3 -
Michigan-based Trinity Health Credit Group will take some unpleasant rating news into its pricing of $340 million of new-money and refunding bonds, after a downgrade that still leaves the system at the AA-minus level.
December 29 -
Genesee County, Mich., officials say they don't expect criminal charges against former Flint leaders stemming from the city's participation in the Karegnondi Water Authority pipeline to impact the project or its bonds.
December 27 - Michigan
The state-backed restructuring of Detroits public school system is a positive development for existing bondholders, says Moodys Investors Service.
December 22 -
New criminal charges stemming from the Flint, Michigan water contamination crisis accuse two former state-appointed emergency managers and two other ex-city employees with using false and misleading tactics to participate in the bond-financed Karegnondi Water Authority project.
December 20 - Michigan
The Michigan Department of Education said the the number of school districts reporting a deficit was down 30%.
December 13 -
Flint, Mich., and other cities with contaminated water supplies would get $170 million of federal aid under a water bill and continuing resolution passed by the House on Thursday.
December 8