Yvette Shields

J.B. Pritzker's challenges as Illinois governor include low bond ratings, structural deficits and underfunded pensions.

S&P assigns a stable outlook to healthcare sector this year despite threats while Fitch and Moody's have negative outlooks.

The $551 million issue wraps up a nearly $3 billion program; $7.7 billion of proposed pension obligation bonds rely on similar structure

The General Assembly canceled the terms of Illinois State Toll Highway Authority board members, allowing Gov.-elect J.B. Pritzker to make his own picks.

S&P Global Ratings cut Coralville to speculative grade citing the added debt burden and financing risks.

Alderman Edward M. Burke, who held sway over the city's bond deals for decades, resigned with key pieces of Mayor Rahm Emanuel's agenda still pending.

The new office staffed by veteran banker Greg Vahrenberg will focus on Kansas and Missouri issuers.

Roads, local projects, contamination sites, and the state's rainy day fund will all see funding boosts.

Wisconsin's governor-elect named Brian Pahnke budget director, Joel Brennan to head the Department of Administration, and Craig Thompson to lead transportation.

Cities across the state are looking for pension relief as J.B. Pritzker prepares to take the reins as governor.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.

Platte County remains at odds with holders of the $32 million Zona Rosa bond issue about its responsibility to cover debt service shortfalls.

Myron Frans will remain the state's top fiscal officer under Gov.-elect Tim Walz.

Illinois Gov.-elect J.B. Pritkzer is tapping experienced fiscal hands for top positions in his administration.

Moody's raised the Art Institute of Chicago's rating in recognition of declining debt and stronger reserves.

The RTA, which oversees three big Chicago-area transit agencies, is among the organizations that wants the state government to pass a long-awaited capital bill.

Michael J. Mitchell, a 40-year veteran of public finance law, is remembered as a mentor.

Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.