Yvette Shields

Longtime Wisconsin Capital Finance Director Frank Hoadley, who died this summer at 77, was quite influential in the public finance industry.

While only 29 city related pension plans in 2021 reported future fail dates for meeting retirement benefits, that number could worsen this year as investment returns tumble.

The Metropolitan Pier and Exposition Authority will restructure a portion of fiscal 2023 debt service amid tax collections still recovering from the pandemic.

Chicago, upgraded Friday by Fitch, will follow City Council's expected passage of a new 2023 budget next month with a new money general obligation bond issue.

The zoo's parent received double-A-level ratings with the bonds rated one to two notches lower as a result of appropriation risks.

Decisions by three organizations to drop Moody's ratings underscore an industry-wide trend as the sector struggles with rising costs and narrowing margins.

CommonSpirit Health priced more than $1 billion of debt on schedule Tuesday after disclosing a ransomware attack that has impacted some IT operations.

MSU must find a new president after friction between board members and the president hired in the wake of the Larry Nassar scandals led to his resignation.

The status allows the firm to assign the label to bonds based on a review of a project's adherence to the Climate Bonds Standard and Certification Scheme.

The nation's largest not-for-profit health system returns to the market with a mix of new money and refunding debt offering tax-exempts and taxables.

Maryland Heights, Missouri, believes the fiscal strains from the St. Louis Blues practice facility will fade as activity picks up without pandemic restrictions.

Cleveland-based public finance banker Tim Reidy joined Raymond James as a managing director.

Ohio's growing economic diversity helped draw a positive outlook from Moody's, a month after a Fitch Ratings upgrade.

The proposed county budget, buoyed by rising tax revenues, a healthy fund balance and pandemic relief, stays the course on supplemental pension funding.

The consolidation of suburban and downstate firefighter pension fund assets is nearly complete but litigation is delaying the police consolidation.

Mayor Lori Lightfoot's proposed budget would forgo an inflation-formula-based property tax hike and make supplemental contributions to the city's pension funds.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

The state spreads landed wide compared to a May sale, but remained far narrower than early in the pandemic and during the state's two-year budget impasse.

Edward Bedore, who managed city finances under by Mayor Richard J. and Richard M. Daley, died this month at 84. Bedore is also remembered for promoting the Summer Business Institute.

Illinois will pay down another $450 million of the $1.8 billion outstanding from a $4.5 billion federal loan to pay pandemic-related unemployment claims.