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MSU must find a new president after friction between board members and the president hired in the wake of the Larry Nassar scandals led to his resignation.
October 18 -
With interest rates expected to keep rising, the deal will tap all of the remaining authorization from the $3.5 billion Rebuilding Michigan bond program.
September 27 -
Seven states formed the Midwestern Hydrogen Coalition to collaborate on promoting hydrogen-based energy production, use and distribution.
September 21 -
In both Michigan and Wisconsin, school districts are seeking about $2 billion of either bonding capacity or revenue raising authority.
September 20 -
Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.
September 13 -
Fitch raised Wayne County's rating to A from BBB-plus, putting its fiscal distress further in the rearview mirror following a round of upgrades this year.
September 12 -
COVID-19 worsened the fiscal picture for the senior care, insurance, and hospital operator, but it faced rating pressure before the pandemic.
August 30 -
The authority maintained positive rating momentum by drawing outlook changes from Moody's on both its water and sewer bonds and from Fitch on its sewer debt.
August 29 -
Moody's Investors Service rewarded the ongoing fiscal turnaround of Detroit's home county with a two-notch upgrade.
August 26 -
The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.
August 23