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The University of Michigan follows Michigan State this month in joining the club of universities offering 100-year bond maturities.
March 3 -
Income taxes — despite losses due to remote work — and internet gambling revenue are on the rise, giving the Motor City's general fund a boost.
March 1 -
A Michigan House Republican plan would direct $1.15 billion of grants to local municipal pensions that agree to abide by certain conditions.
February 28 -
Municipal bond issuance in the Midwest reversed course last year, falling by 7.4% to $77.5 billion.
February 22 -
Michigan State, supported by a better bond rating outlook, will join the small club of higher education institutions using a 100-year taxable bond structure.
February 18 -
A new report from Merritt Research Services looks at potential post-pandemic problems for big cities that rely on taxes from commercial real estate.
February 16 -
Michigan Gov. Gretchen Whitmer's proposed budget provides mostly one-time spending hikes, makes a modest deposit into the rainy day fund, and offers targeted tax relief.
February 10 -
The two Michigan-based systems completed their merger amid stepped-up federal anti-trust scrutiny but have not yet announced any changes to their existing debt portfolios.
February 4 -
Michigan's Democratic governor joined the legislature's Republican majorities in proposing tax relief but they have different ideas about how to do it.
January 28 -
Craig Kahler, a public finance banker who specialized in school financings and served as head of his local school board, died after a month-long battle with COVID-19.
January 24