Yvette Shields

The financing will help pay for upgrades that will keep the Cleveland Guardians at Progressive Field through 2036.

Chicago Public Schools returns to the market after resolving a union dispute that shuttered schools amid the spreading omicron COVID-19 variant.

The rating agency is keeping the not-for-profit hospital sector's outlook stable as hospitals continue to benefit from the impact of federal coronavirus relief.

The number of hospital mergers and acquisitions dropped last year and the pandemic and federal government's actions may influence the 2022 picture

The state expects to cut interest costs through the early repayment on the loan taken out through the Federal Reserve's emergency lending program to help pay down healthcare bills.

Several pension-related matters that impact Chicago, Cook County and suburban and downstate public safety pension funds face an uncertain fate.

The university is planning to sell $500 million of taxable 100-year bonds in the first quarter of 2022.

The Chicago suburb is planning a nearly $100 million issue to refund, restructure debt and pay down its unfunded public safety pension obligations.

Wisconsin closed fiscal 2021 with a record $1.18 billion positive balance based on the GAAP yardstick that had long showed the state in the red.

The Illinois Municipal League will press lawmakers to support giving local governments more time to hit a 90% funded ratio and lowering the target to 80%.

To qualify for bond credit enhancement, the state treasurer requires school districts certify compliance with a court ruling against public health mandates.

The Missouri State Employees Retirement System filed an amended complaint against Catalyst Capital Group Inc. accusing it of mismanaging investments. The firm counters the fund is trying to shift the blame for its own mismanagement.

The state says it would rid itself of a $500 million deferred maintenance tab by selling and then buying back a 30% stake in the Thompson Center.

Most states with remaining balances totaling $39.3 billion want more time to enact a plan to repay the loans taken out to manage pandemic-driven job claims. Interest began accruing in September.

Harvey began posting financial and bond delinquency notices this year as it tries to overcome its deep fiscal strains and past mismanagement that drew regulatory and bondholder ire.

The U.S. labor shortage is bearing down on hospitals' bottom line and shows no signs of letting up next year according to rating agencies' 2022 sector outlooks.

Chicago's captured a new low in recent history on tax-exempt spreads but the taxables, which were downsized by $500 million, faced a tougher road amid Treasury volatility.

Illinois' unfunded pension tab dropped slightly to $139.9 billion from $141 billion on an actuarial basis while the market value view saw a $14 billion cut thanks to exceptional returns.

Rosier revenue projections will allow Minnesota to pump up its rainy day fund to pre-pandemic levels while still leaving a $7.7 billion surplus.

For $790 million, the NFL settled a suit alleging that the league failed to follow its own rules when it allowed the Rams to leave St. Louis for California.