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.
- Minnesota
CHICAGO - The Minnesota Vikings-backed proposal to build a $1.1 billion publicly subsidized stadium in Ramsey County relies on an overly ambitious schedule, leaves the county on the hook for potential cost overruns, and could impair its ability to finance other public projects, according to a state-commissioned report.
October 13 - Illinois
CHICAGO - Chicago Mayor Rahm Emanuel unveiled a $6.3 billion 2012 budget Wednesday that whittles away a $635 million deficit with new revenue from a series of increases in fees, fines and taxes not including property or sales taxes, along with debt refunding savings, management reforms, and spending and job cuts.
October 12 -
CHICAGO - The Illinois secretary of state has temporarily suspended former Grigsby & Associates Inc. public finance banker Alvin J. Boutte Jr.'s license, accusing him of providing misleading advice to the Illinois Student Assistance Commission in its $12.8 million investment in a failed Chicago bank.
October 11 -
CHICAGO - The Illinois Finance Authority board Tuesday advanced borrowing plans for several retirement communities and authorized up to $480 million in bonds for the University of Chicago to refund debt and fund projects, including a new research center for its molecular engineering program and astronomy and astrophysics work.
October 11 -
The Kansas City Council last week asked a Jackson County Circuit Court judge to support its bid to block Clay Chastain’s $2.5 billion light-rail ballot initiative.
October 11 - Minnesota
Moody’s Investors Service has downgraded Becker Independent School District 726’s general obligation credit by two notches due to its declining fiscal position. The rating was cut to A2 from Aa3 on $23 million of debt.
October 11 -
The Chicago Transit Authority Monday plans to cut 200 management positions to generate $22 million in annual savings as it tries to chip away at a $277 million shortfall in its next budget.
October 11 - Illinois
CHICAGO - Two Bank of America Merrill Lynch bankers based in Chicago, Dan Dean and Ivan Samstein, were among seven public finance banking professionals cut by the firm last month, sources said.
October 7 -
CHICAGO - Warning that Illinois faces a financial meltdown over its rising pension obligations, a prominent Chicago business group is intensifying its push for pension reform with an advertising campaign aimed at pressuring lawmakers to act during their fall veto session later this month.
October 6 -
CHICAGO - The Chicago City Council on Wednesday approved the sale of up $750 million of new-money and refunding debt in the city's first big bond issues proposed by new Mayor Rahm Emanuel, who also submitted an ordinance seeking to rescind the city's head tax.
October 5 -
Wisconsin could finance much of an estimated $26.2 billion price tag for rebuilding and modernizing its currently free Interstate highway system by implementing tolls, according to a new report from the Wisconsin Policy Research Institute
October 5 -
Chicago Mayor Rahm Emanuel Monday hosted a meeting with top airline officials to discuss the sector’s role in the city’s economy and how best to foster growth.
October 5 - Illinois
CHICAGO - Providing fodder for critics of Chicago's heavy use of tax-increment financing, the city inspector general released a stinging report Tuesday that found a charity founded by former Mayor Richard Daley's wife received nearly $1 million in contributions from businesses as part of their TIF subsidy agreements.
October 4 -
IllinoisCHICAGO - Hit with both positive and negative credit action over the last week, the Chicago Board of Education will enter the market with $400 million of new-money debt next week as it debuts an offering statement that offers expanded pension disclosure and makes clear there's a new boss in town.
October 4 -
CHICAGO - The University of Minnesota Regents on Wednesday will sell about $82 million of debt, in a mix of taxable general obligation bonds and tax-exempt special purpose revenue bonds backed by a state appropriation, to provide financing for facilities in its Biomedical Discovery District.
October 3 -
CHICAGO - The Securities and Exchange Commission is among the list of regulators now probing the failed Mamtek US Inc. artificial sweetener factory in Moberly, Mo., that received local and state financing support, including recovery zone facility bonds backed by an appropriation pledge from the city that it refused to honor last month.
September 30 -
CHICAGO - The Illinois Supreme Court this week left intact a lower court ruling that keeps alive efforts to resurrect litigation that resulted in a $10.1 billion verdict against Philip Morris USA Inc. in a case over the company's marketing of "light" cigarettes.
September 29 - Illinois
CHICAGO - Rating pressures on the financially strapped Chicago Public Schools eased a bit Thursday when Standard & Poor's revised its outlook to stable from negative on the district's AA-minus rating in recognition of its move to trim costs to help eliminate a $700 million gap in its fiscal 2012 budget.
September 29 - Illinois
CHICAGO - With the unveiling of his first budget two weeks away, Chicago Mayor Rahm Emanuel ruled out several ideas offered up this week in a special report from the city's inspector general to help erase $636 million of red ink.
September 28 -
RBC Capital Markets LLC will pay $30.4 million to settle charges filed Tuesday by the Securities and Exchange Commission accusing the firm of misconduct for its role in the sale of unsuitably risky investment products to five Wisconsin school districts.
September 27
