Yvette Shields

Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.

Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.

Illinois Gov. J.B. Pritzker's administration says the forecast shows that Illinois needs to change its income tax structure.

Lori Lightfoot would close an $838 million gap with a mix of permanent and one-time maneuvers including new taxes, spending cuts and debt restructuring.

llinois paper is looking more attractive when held up to Chicago city and Chicago Public Schools bonds, Citi analysts write.

Wisconsin will refund $622 million of taxable 2008 bonds in a sale that sheds swaps tied to Libor.

Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.

The Illinois State Toll Highway Authority is in the ninth year of a 15-year, $14 billion capital program.

No pension obligation bonds, scoop-and-toss, or backtracking on borrowing for operations are planned in the Chicago mayor’s budget fix.

Taxable bonds will replace interim financing that funded land acquisition for the plant, which may not match the vision that drew state and local subsidies.

The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.

The municipal market will scrutinize the impact of the ultimate contract deal on the school district's books and the city's fiscal burdens.

The state will take competitive bids on $750 million of general obligation bonds next month.

As a decision looms on Preston Hollow's antitrust accusations against Nuveen, the case's judge approved moving a dismissed claim to another court.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

St. Louis-based Ascension Health Alliance will price up to $856 million through the Wisconsin Health and Educational Facilities Authority.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.

Moody's Investors Service cut OSF Healthcare System to A3 from A2.

Market demand for the high yields offered by riskier paper is pulling such credits into the market, Municipal Market Analytics says.