Midwest

Bond financing is likely for parts of a major revitalization effort on which the city is collaborating with the University of Notre Dame's School of Architecture.

The Chicago Public Schools board unanimously approved the district's 2025 budget Thursday, a day after the Civic Federation warned it is a "temporary solution."

North Dakota's Bismarck State College returned to the market, pricing $30 million of bonds, with proceeds used to finance the construction of an 80,000-square-foot athletic center.

First Eagle Investments has hired Purva Patel, based in Chicago, as managing director and senior investment specialist on its high-yield municipal credit team.

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.

Chicago Transit Authority CFO and Treasurer Jeremy Fine is leaving the agency, CTA President Dorval Carter, Jr., announced.

Missouri this month kicked off construction on a major expansion of Interstate 70, financed with a mix of bonds, general revenue funds and some federal funding.

Fiduciary responsibilities and politics are keeping the ESG debate alive in public finance.

Sterling Heights, Michigan, plans to issue $45 million of bonds to help finance a $1.06 billion redevelopment of Lakeside Mall, which closed at the end of June.

Ohio legislators are mulling a bill that would bar the state's pension systems, universities and Bureau of Workers' Compensation from pursuing ESG investing.