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Illinois Lets Contract with Consultant Arduin Lapse
August 28, 2015 Illinois Gov. Bruce Rauner's administration won't move to extend its contract with financial budget consultant Donna Arduin...

Chicago Parks District Forced to Dig Deeper
August 28, 2015 The Chicago Park District's steep yield premiums drew strong interest in the agency's Aug. 27 sale as the penalties nearly...

Illinois Hospital System Upgraded Ahead of Deal
August 28, 2015 Illinois-based OSF Healthcare System won an upgrade ahead of its September new money and refunding sale for $367 million in...

Wisconsin Will Take Bids on $391M Deal
August 28, 2015 Wisconsin takes competitive bids on $391 million of general obligation debt Tuesday with more than half earmarked for...

Chicago Treasurer Hires Former Tollway Chief
August 28, 2015 The former head of the Illinois State Toll Highway Authority has joined Chicago Treasurer Kurt Summer's office.

Chicago Schools Get Kroll Downgrade
August 27, 2015 The Chicago Board of Education credit suffered its latest blow Thursday when Kroll Bond Rating Agency dropped its rating two...

PNC Hires Veteran Muni Bankers in Chicago, New York
August 27, 2015 Pittsburgh-based PNC Capital Markets LLC hired public finance banker Kerry Rudy in Chicago to lead its national healthcare...

Illinois MPEA Plots First Post-Downgrade Financing
August 26, 2015 The Illinois Metropolitan Pier and Exposition Authority plans to enter the market after revamping its hotel financing plan...

Chicago School Board Passes Budget, Authorizes Bonds
August 26, 2015 The junk-rated Chicago Board of Education unanimously signed off on a $6.4 billion budget panned by rating agencies for...

Chicago Ties Expected to Cost Park District in Deal
August 25, 2015 The Chicago Park District heads to market Thursday with $88 million of debt that market participants say should offer up some...


A budget compromise this year to reduce sequester cuts seems unlikely, and agencies like the Defense Department have fewer opportunities to reduce the impact of spending cuts.

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