Yvette was a senior reporter, covering the Midwest. She earned a bachelors in journalism from Columbia College Chicago, began her reporting career at the storied City News Bureau of Chicago, and joined the Bond Buyer in 1997 leading Midwest coverage from her hometown Chicago.
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Questions arise over the condition of rail infrastructure and how it should influence credit and buy side analysis of local governments that host rail lines.
February 28 -
The state's flagship university said its proposal to acquire its healthcare facilities from Fairview, which is preparing to merge with an out-of-state healthcare system, requires state help.
February 27 -
Sarah Wetmore, its VP and research director, will lead the organization while the board searches for a permanent president following Laurence Msall's death.
February 27 -
Chicago's school district will tap its investment-grade dedicated capital improvement tax credit for the first time in five years in a $529 million deal.
February 27 -
Moody's and S&P also warn of the potential for further downgrades; UC Health has begun to implement financial turnaround strategies amid operating losses.
February 24 -
A key consideration in the upgrade was the state's recent actions in both addressing longstanding obligation repayments and rapidly repaying obligations taken on during the pandemic-induced recession, S&P said.
February 23 -
Earlier in the pandemic, bond values showed a greater divergence among local government issuers tracked, but that has reverted to pre-pandemic levels, although work-from-home and other uncertainties still take a toll.
February 23 -
The state's public pension system initially warned of a $6.7 billion 10-year impact of the required changes that could drive up employer pension costs but an amended version eliminated most of the negative impact clearing the path to advance the bill.
February 22 -
A panel that includes public finance professionals is tasked with finding fiscal and operational solutions for the transit systems, which face a fiscal cliff.
February 21 -
Gov. J.B. Priztker touted the state's fiscal progress in his combined budget and state of the state speech.
February 16 -
Fitch Ratings received enough inquiries over S&P's action — slashing a Chicago suburb's GO rating by seven notches — that it put out a special commentary outlining differences between the two agencies' analytical approach even though Fitch does not rate the village under scrutiny.
February 15 -
Maurice "Mossie" Murphy Jr. died after a three-year battle with cancer.
February 15 -
Detroit raised its fiscal 2023 and 2024 revenue projections but is proceeding with caution as a potential recession could put a dent in collections and pressures loom as pension payments resume.
February 14 -
Midwest borrowing last year went from 11% year-over-year growth in the first quarter to a 48% plunge in the fourth quarter.
February 14 -
Changes to the district's pension code now enshrined in state law put it on a path to full funding in 30 years after voters approved a property tax levy hike.
February 13 -
Plaintiffs who challenged the legislation plan to ask the Illinois Supreme Court to hear the case. Meanwhile, the consolidation process has moved forward and the majority of funds have transferred their assets.
February 10 -
Michigan would funnel $200 million more into its rainy day fund and establish a new school budget stabilization fund under Gov. Gretchen Whitmer's proposal.
February 9 -
Milwaukee could see relief from pressures that have dragged down its ratings if Gov. Tony Evers' proposals — to raise shared revenues and allow local governments to seek voter approval for a sales tax hike — clear legislative hurdles.
February 8 -
Citigroup's cuts included veteran public finance banker Thomas Coomes, who had co-led the bank's Midwest region.
February 7 -
Laurence Msall who built the Chicago Civic Federation into a fiscal research powerhouse over the last two decades, died Saturday at 61.
February 6
