Yvette Shields

Moody's Investors Service has revised its outlook to stable from negative on Springfield, Ill.'s A1 rating.

Standard & Poor's signaled that Fairview Health Services in Minnesota could win an upgrade over the next two years due to its strong business position and improved governance and management.

Lawyers for Minnesota Management and Budget and for citizens challenging the state's $468 million bond issue for a new Vikings football stadium laid out their cases with the Minnesota Supreme Court.

Wisconsin Gov. Scott Walker plans to outline tax cut proposals in his state of the state proposal he said are affordable due to new revenue estimates that project a more than $900 million surplus in the current budget

Lawyers for Minnesota and for citizens challenging the legality of the state's $468 million appropriation-backed bond sale for the Vikings football stadium faced a Thursday deadline to make their case for a Minnesota Supreme Court review.

Minnesota Gov. Mark Dayton is promoting a nearly $1 billion capital bonding package as a means to create more than 27,000 jobs while investing in statewide infrastructure improvements.

The Chicago Infrastructure Trust's inaugural financing had to shrink to $13 million from $27.5 million and alter other terms to reduce investor risk in order to secure a lender.

After nearly 40 years practicing law at Chapman and Cutler LLP, James Spiotto is leaving the courtroom to launch a new Chapman-owned consulting business to focus on municipal finance and Chapter 9 bankruptcy.

Lombard, Ill. faces the possible loss of its investment grade ratings for failing to honor its appropriation commitments and triggering payment default on hotel conference center bonds.

Illinois released new pools of underwriting, financial advisory, and legal firms for bond sales over the next two years with the most notable change being the state's selection of a new sole bond and disclosure counsel.

Illinois finance officials plan to hit the road later this month to meet with investors and rating analysts ahead of a $1 billion general obligation sale set for early next month.

Minnesota delayed $468 million of state general fund appropriation bonds for a new Minnesota Vikings football stadium due to the 11th hour filing of litigation that challenges the financing arrangement.

The Minneapolis College of Arts and Design's growing enrollment numbers and improved cash flows and debt service coverage prompted Moody's Investors Service to revise its outlook to stable from negative.

Two ratings agencies have revised their outlooks on Iowa-based Mercy Medical Center's A level ratings to negative due to the hospital's operating struggles.

The triple-A Minneapolis-St. Paul Metropolitan Council is readying $194 million of general obligation notes and bonds for competitive sale Tuesday.

Veteran Chicago-based public finance attorney Chuck Katz has joined Polsinelli PC as the firm continues to build its business nationally across legal practices.

Illinois' balance sheet remains strained with a more than $4 billion deficit looming in the coming years as the expiration of a temporary income tax hike saps revenues.

Illinois Gov. Pat Quinn signed into law pension reforms aimed at stabilizing the Chicago Park District's struggling system; other local governments including Chicago are hoping for similar legislation this year.

Minnesota will sell $468 million of state general fund appropriation bonds next week to raise funds for the public share of building a new $975 million football stadium for the Minnesota Vikings.

Three complaints have been filed challenging the constitutionality of the pension overhaul Illinois passed in December, and others are expected to follow ahead of the law's effective date in June.