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Rauner Wants Illinois Hiring Freeze, Calls State Condition Dire
November 21, 2014 Calling the state's fiscal condition "stunningly bad," Illinois Gov.-elect Bruce Rauner called on Gov. Pat Quinn to freeze...

Illinois Pension Question Headed to State High Court
November 21, 2014 Illinois' landmark pension reform law is headed to the Illinois Supreme Court following a lower court decision Friday that the...

Wisconsin' Looming Deficit Grows
November 21, 2014 Wisconsin faces a $2.2 billion gap headed into the next two-year budget cycle, up $400 million from previous estimates.

Missouri Task Force to Look at Economic, Social Changes Post-Ferguson
November 20, 2014 Missouri Gov. Jay Nixon tasked a newly formed commission with advising him on social and economic policy changes in the...

Wisconsin Gets Positive Outlook Ahead of GO Refunding
November 20, 2014 Wisconsin could win an upgrade if recent budgetary and liquidity strides remain on course and result in a stronger balance...

Group Offering Illinois Counties Fiscal Training
November 20, 2014 Local county officials in Illinois will be offered special financial training on how to protect their coffers from corrupt...

Chicago Passes Budget That Punts on Pensions
November 19, 2014 The Chicago City Council adopted Mayor Rahm Emanuel's $7.3 billion 2015 budget that pushes off a fix for a pension-related...

Chicago Council Passes New Diversity Disclosure Rules
November 19, 2014 The Chicago City Council approved new rules that require underwriting, advisory, and legal firms that work on Chicago bond...

Wisconsin Report Looks at GOs for Basketball Arena
November 19, 2014 Annual income taxes Wisconsin receives from Milwaukee Bucks basketball players and team employees would cover repayment of...

Chicago Transit Authority Budget Praised
November 19, 2014 The Chicago Transit Authority's $1.4 billion 2015 budget won the endorsement of the Civic Federation of Chicago in recognition...


The Allen Park, Mich., case marks the first time a city official has been charged on the theory that he "controlled" the persons who committed the primary securities law violations, even though he isn't alleged to have participated or even known of the conduct at issue.

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