ST. JOHN | The town no longer owns its roads. Sort of.
PORTAGE | Portage officials are taking a second try at floating a bond issue to benefit the parks department.
VALPARAISO | Contracts for construction of the new Public Works Department campus were awarded Friday, totaling about $5.67 million by the city's Board of Public Works and Safety.
VALPARAISO | The timing seemed right to refinance a couple of bond issues, but Valparaiso's Utilities Board had no idea how right until recently.
ST. JOHN | The Lake Central School Board last week approved the issuance of $1.93 million in 2013 general obligation bonds to cover the cost of various upgrades at district schools.
VALPARAISO | The city's Utilities Board took action Tuesday to save $90,000 a year on its loan repayments and save the sewer and water customers about 1 percent on the planned rate increases for next year.
VALPARAISO | A seemingly routine resolution to begin setting up a building corporation to issue bonds for financing the new public works campus barely passed after a debate at Monday's City Council meeting.
The market for municipal bonds has softened, and at least one local community is revising its plans.
PORTAGE | Action by both the city's Plan Commission and City Council advanced a $6 million tax increment financing district bond for reconstructing the city's street department facility.
VALPARAISO | The city will know in 30 days whether it can immediately begin the process of issuing bonds for construction of a new public works campus at the city's wastewater treatment plant.
MUNSTER | Much like homeowners refinance their mortgages to obtain lower interest rates and save money, municipalities can refinance bonds issued in the past to raise money for various projects.
NEW YORK | It was a stomach-churning summer most investors would like to forget.
INDIANAPOLIS | A former Merrillville Town Court employee is accused of diverting $310,325 in traffic ticket, ordinance violation and misdemeanor bond payments.
Indiana's corporate income tax rate will drop by 2 percent over the next four years, a change Gov. Mitch Daniels believes will lead to more jobs in the state. Gov. Daniels signed new legislation into law last week.
VALPARAISO | The city Utilities Board now has an approved budget for more than $3.6 million in stormwater work in 2011. Now it's going to go after another $6 million.
SPRINGFIELD | If you're looking for proof that the economy is starting to turn around, Gov. Pat Quinn's office said you'll find it in the details of Illinois' tobacco bond sale.
The Federal Reserve is purchasing $600 billion in U.S. government bonds over the next eight months. This is $75 billion each and every month just to prop up housing market prices.
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