- Michigan
Wayne County, Michigans rating is inching closer to investment grade, progress that should help with plans to borrow as much as $200 million to complete its stalled jail project in downtown Detroit.
September 30 -
The House passed its Water Resources Development Act, which would authorize $170 million to help address Flint, Mich.s drinking water crisis.
September 29 - Michigan
The Michigan Finance Authority completed a private placement of $226.3 million of bonds Thursday to refund Detroit Public Schools paper set to lose its state aid backing Oct. 1.
September 29 -
A group of Democrats and Obama administration officials are urging the Republican-led Congress to include Flint aid in either the Water Resources Development Act of 2016 or the government spending measure that must be passed by the end of the week to avoid a government shutdown.
September 27 -
After turning around its operating performance, the Kalamazoo, Mich.-based Bronson Healthcare Group received an upgrade of its credit outlook to stable as it prepares to refund $109 million of debt.
September 26 - Michigan
The Michigan Treasury has appointed Michigan State University local government expert Eric Scorsone as senior deputy state treasurer for finance.
September 22 - Michigan
The Michigan Finance Authority approved a plan to issue $235 million of debt to refund some Detroit Public Schools bonds before they lose their state aid backing on Oct. 1.
September 22 - Michigan
Developers of major transformational projects proposed in Michigan would be allowed to capture sales and income taxes related to the project as way to offset the costs of redevelopment under legislation that is headed to the state senate.
September 21 -
A lawsuit filed against the state of Michigan on behalf of 14 local municipalities this month seeks to correct what they contend is a miscalculation in state aid that has shortchanged them for two decades.
September 20 -
The Senate on Thursday passed the long-stalled Water Resources Development Act of 2016 that would provide millions of federal dollars to Flint, Mich. and any other community facing a water crisis.
September 15