Yvette Shields

Kutak Rock LLP has added veteran public finance attorney Debbie Boye to its Chicago team.

Leaving a temporary 2011 income tax hike in place combined with a December pension overhaul would put Illinois in position to stabilize its deteriorated credit, Moody's Investors Service said in a new commentary.

A federal appeals court on Friday upheld Wisconsin's law limiting collective bargaining rights.

Standard & Poor's has revised its outlook on Rush University Medical Center Obligated Group’s A rating to positive from stable.

The Chicago Infrastructure Trust is conducting an open bidding process for proposals to finance energy upgrades to pools operated by the Chicago Park District and Chicago Public Schools.

Illinois will return to the market Thursday with a $750 million general obligation sale hoping to capitalize on good market conditions and the same improved investor appeal that lowered borrowing costs on an issue earlier this month.

At a hearing supporters of a Chicago casino and expanded gambling statewide touted them as salve for the city and state's fiscal ills while opponents warned of over saturation and higher crime and addiction problems.

With Chicago and other local governments worried over the weight of pension obligations, the Civic Federation of Chicago is promoting creation of an authority designed to intervene with municipalities before deep fiscal strains reach a crisis stage

Citi has hired Chicago-based public finance banker Samantha Costanzo away from Jefferies to serve as a co-head of the Midwest region.

Kansas City, Mo. voters on Tuesday authorized $500 million in water-revenue bond borrowing and city charter changes that will impact city financial planning.

The Missouri House approved placing on the November ballot a 1 cent sales tax increase to fund transportation projects.

An income tax surcharge on income over $1 million won't appear on Illinois' November ballot after its sponsor decided to yank it from consideration.

Illinois sold $250 million of general obligation bonds Thursday in a competitive sale that saw some further narrowing of the state's interest rate spreads.

Moody's Investors Service hit Milwaukee with a one-notch downgrade to Aa3 following a review prompted by its change in local government general obligation methodology earlier this year.

Chicago-based William Blair & Co. is bolstering its sales and trading group in Chicago and California and making a push into the Los Angeles market with a new office staffed with veterans from De La Rosa & Co. led by Christopher Tota.

Chicago's plan to overhaul two of its four pension funds removes the threat of looming insolvency but any notable reduction in the burdensome size of their liabilities is years off, Fitch Ratings said.

Illinois' future credit standing hangs in the balance as state lawmakers weigh the 2015 budget and whether to accept Gov. Pat Quinn's recommendation to make permanent an expiring income tax hike, Standard & Poor's said in a special commentary.

The Illinois Legislature approved legislation overhauling two of Chicago's four troubled pension funds after Mayor Rahm Emanuel bowed to critics' concerns and yanked language that mandated property tax hikes.

A closing date for the proposed $29 sale of the St. Louis convention center hotel complex is scheduled for April 15, but the bond trustee cautions that it's not yet a done deal.

A hike in Illinois' motor fuel tax and vehicle registration fees could help raise an additional $1.8 billion of annual revenue for transportation under a proposal announced by an Illinois coalition.