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Moody's: Illinois Local Government Consolidation Could Aid Credits
March 30, 2015 Moody’s Investors Service said it considers Illinois Gov. Bruce Rauner’s appointment of a task force to look at local...

Parting Shot: S&P Upgrades Silver Cross Hospital
March 30, 2015 Standard & Poor's raised its rating on Silver Cross Hospital in Illinois by one level to BBB as it prepares to pull its rating...

Rauner Signs Fix For This Year's Illinois Deficit
March 27, 2015 Illinois Gov. Bruce Rauner signed legislation Thursday to fill a $1.6 billion gap in the state's current-year budget largely...

Illinois Electric Agency Readies Refunding
March 27, 2015 The Illinois Municipal Electric Agency heads into the market as soon as Tuesday with a $585 million revenue bond issue that...

Missouri City Wants Out of Prairie State Obligation
March 27, 2015 A Missouri city is asking a state judge to void its contract with the Missouri Joint Municipal Electric Utility Commission in...

Wisconsin's Tab for Bucks Basketball Bonds Outlined
March 25, 2015 Wisconsin's tab to repay $220 million in proposed borrowing for a new Milwaukee Bucks basketball arena ranges from $324...

Childrens' Hospital in Chicago Gets Upgrade
March 25, 2015 Ann & Robert H. Lurie Children’s Hospital of Chicago won an upgrade from Standard & Poor’s as it fiscal books remain on the...

Northern Illinois Park District Sinks to Junk Status
March 24, 2015 Zion, Ill. Park District lost its investment grade rating and faces further credit deterioration as its struggles with a...

Illinois House Sends 2015 Budget Fix to Senate
March 24, 2015 A one-time fix to close Illinois' current $1.6 billion budget gap largely by draining $1.3 billion from non-general fund...

Chicago Gets Kroll Rating: A-Minus
March 24, 2015 Chicago received a first time rating of A-minus with a stable outlook from Kroll Bond Rating Agency.


Some local governments may require extraordinary financial assistance from the Commonwealth, adding to pressure on its general obligations.

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