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Illinois Senate Vote Nears on 'Grand Bargain'
January 20, 2017 Illinois Senate leaders will push for midweek passage of their “Grand Bargain” legislation in hopes of breaking more than18...

Wisconsin Revenue Forecast Improves
January 20, 2017 Wisconsin expects $454 million more in general fund taxes will be collected through the next two-year budget cycle as Gov....

Chicago Yield Penalties Steepen
January 19, 2017 Chicago’s spread penalties in the primary market hit a new peak Thursday on its $1.2 billion general obligation sale.

Missouri Governor Eyes Cuts
January 18, 2017 Missouri needs to cut $700 million in spending through the next 18 months to keep its books balanced, Gov. Eric Greitens...

Illinois Hospitals' Charity Care Law Faces High Court Test
January 17, 2017 A five-year-old Illinois law that safeguards not-for-profit hospitals’ local tax exemptions in exchange for meeting minimum...

Weak 2015 Returns Burden Illinois Local Pension Funds
January 17, 2017 It was a year of disappointing investment returns from 11 local government pension funds in Illinois, according to the latest...

Chicago Public Schools Begins Cutting With Furlough Days
January 13, 2017 Chicago Public Schools began the work of chipping away at a $215 million budget hole caused by Gov. Bruce Rauner’s recent veto...

Credit Picture for Chicago and Its Schools Detailed by Moody's
January 12, 2017 Chicago’s fiscal position and Chicago Public Schools’ deep distress are the subject of two special reports published Thursday...

Illinois Gets Rating Reminder that Time is Short
January 11, 2017 Illinois opened its new legislative session Wednesday with a renewed warning from Fitch Ratings that the clock is ticking on a...

Market Spreads Side with Moody's as Chicago Picks a Fight
January 11, 2017 Chicago Mayor Rahm Emanuel isn’t happy with Moody’s Investors Service, so he’s trying to make the rating agency go away.

Senate Passage Sends Chicago Pension Bill to Uncertain Fate
January 10, 2017 An overhaul meant to save Chicago's municipal employees' and laborers' pension funds from looming insolvency won state Senate...

Chicago Readies Billion Dollar GO Deal
January 10, 2017 Chicago is conducting a full court press with investors this week to promote a $1.16 billion general obligation bond sale.

Illinois Senate Tries to Break Budget Logjam
January 9, 2017 Illinois Senate leaders said they will work to pass by Feb. 1 their so-called "grand bargain" plan aimed at breaking the...

Wisconsin Readies Refunding
January 6, 2017 Wisconsin hits the market with its first sale of the New Year to refund $523.6 million of appropriation- backed bonds with...

Illinois Population Losses a Drag on Credit Profile
January 5, 2017 Illinois’ third consecutive annual population loss poses a credit negative that underscores weak economic growth, Moody’s...

Outlook Turns Negative for Chicago's IIT
January 5, 2017 The Illinois Institute of Technology is at risk of losing its investment grade rating after a negative outlook revision.

Illinois Budget Director Jumps to Hospital Trade Group
January 5, 2017 Former Illinois budget director Tim Nuding has landed at the Illinois Health and Hospital Association.

Minnesota Gov. Floats $1.5B Bonding Package
January 4, 2017 Minnesota Gov. Mark Dayton offered up on Wednesday a $1.5 billion bond-financed capital package billed as a job creator.

Chicago Transit Authority Borrowing for Projects
January 4, 2017 The Chicago Transit Authority hits the market as soon as Tuesday with $325 million of sales tax receipts revenue bonds under a...

Hospital Group Warns of Illinois Economic Hit
January 3, 2017 The harmful effects of a repeal of the federal Affordable Care Act without a replacement package to soften the blow would...


What are the challenges of running a giant electric provider? Long Island Power Authority (LIPA) CEO Tom Falcone discusses his experience of leaving Wall Street after 13 years to run LIPA in the catastrophic wake of Hurricane Sandy. Hosted by Andrew Coen.

The warning signs can reveal themselves in historic audited financials, when combined with more timely economic data.

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