Yvette was a senior reporter, covering the Midwest. She earned a bachelors in journalism from Columbia College Chicago, began her reporting career at the storied City News Bureau of Chicago, and joined the Bond Buyer in 1997 leading Midwest coverage from her hometown Chicago.
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Moody's calls Illinois legislation setting charity care guidelines for not-for-profit hospitals positive for the sector's credit health
June 27 -
Moody's Investors Service has revised its outlook on Meriter Hospital's A1 rating to negative from stable ahead of a private placement of debt.
June 26 - Minnesota
Moody's Investors Service has lowered the Duluth, Minn., Independent School District No. 709's underlying general obligation rating to Baa1 from A1 ahead of its upcoming new-money debt issuance. The agency also assigned a negative outlook to the credit.
June 26 -
Members of East St. Louis' elected school board last week mounted a legal challenge to Illinois' decision to take over the troubled district and disband the local board, according to published reports.
June 26 -
Officials from the Chicago Transit Authority Monday said a $20 million federal TIGER grant would allow the agency to move forward with upgrades to a busy transit terminal.
June 26 - Illinois
The scale of the pension crisis for Chicago area governments and state has been underscored by recent ratings actions and various local and national watchdog reports warning of the crippling effect on governments' ability to fund basic services and stave off credit deterioration.
June 26 - Minnesota
The new Minnesota Sports Facilities Authority, which will own and operate the new partially bond-financed Vikings stadium, held its first meeting on Friday and picked Ted Mondale as its chief executive officer.
June 22 - Illinois
Illinois' net assets deteriorated in fiscal 2011 by $6.3 billion, bringing its deficit in the financial reporting category to $43.8 billion.
June 21 -
Fairview Health Services got hit with a downgrade from Moody’s Investors Service and a warning of further negative action due to fiscal 2011 operating losses and potential fallout from the state attorney general’s probe into its bill collection practices.
June 19 - Illinois
Gov. Pat Quinn this week signed legislation that establishes the position of state actuary to provide oversight of Illinois’ five pension funds.
June 19 -
Illinois Gov. Pat Quinn last week signed sweeping health care legislation that dramatically eases the Medicaid funding burden on state coffers while defusing a fiscal threat posed to not-for-profit hospitals.
June 15 -
Illinois Gov. Pat Quinn last week signed sweeping health care legislation that dramatically eases the Medicaid funding burden on state coffers while defusing a fiscal threat posed to not-for-profit hospitals.
June 15 -
Moody's Investors Service pushed Detroit further down into junk-bond territory over escalating political risks that challenge the beleaguered city's ability to give its fiscal consent agreement with Michigan enough time to stabilize the city's finances.
June 14 -
An Ingham County, Mich., Circuit Court judge threw out a lawsuit challenging Detroit's consent agreement with Michigan, allowing the city to narrowly avert a cash crisis that threatened its ability to make a Friday bond payment.
June 13 - Michigan
CHICAGO – Standard & Poor’s said in a special report Wednesday that its B rating on Detroit’s limited-and unlimited-tax bonds remains unchanged following an Ingham County, Mich., Circuit Court judge’s dismissal of a lawsuit challenging the city’s consent agreement with Michigan.
June 13 -
CHICAGO — North Dakota voters overwhelmingly rejected a ballot measure Tuesday to abolish property taxes, allowing local governments to breathe a sigh of relief, since the measure had posed a challenge to their fiscal and debt management.
June 13 -
A court hearing is set Wednesday morning on a lawsuit filed by Detroit’s top lawyer challenging the two-month old consent agreement with Michigan designed to stabilize Detroit’s finances.
June 13 -
Fitch Ratings slapped a beleaguered Detroit with a downgrade to CCC Tuesday as Mayor Dave Bing ordered the city’s top lawyer to drop a lawsuit challenging the two-month old consent agreement between the city and Michigan.
June 12 -
Charity care is on the rise at Missouri hospitals and that increase is not expected to abate due to lower Medicaid enrollment and job losses due to the economy, according to a report released last week.
June 12 -
Proctor Hospital’s rating has sunk deeper into junk-bond territory and the Illinois health care provider could still fall further due to its ongoing operating struggles.
June 12