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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Through his use of the partial veto, Gov. Evers pared down a GOP-authored income tax cut and gave school districts the power to raise a per pupil revenue limit by $325 annually for centuries.
July 11 -
Several guideposts have also already been offered as Mayor Brandon Johnson must balance his campaign pledges on funding new investments and structurally balancing the budget while holding the line on property taxes as the city deals with crime, rising costs, and end of federal COVID-19 funds.
July 7 -
The upgrade "is driven by sustained improvements in the city's income tax collections and the city's superior gap-closing capacity," Fitch said.
July 6 -
Chasse Rehwinkel most recently has held the position of director of banking for the Illinois Department of Financial and Professional Regulation.
July 5 -
While all four of Chicago's weakly funded pension funds hit a milestone by posting modest increases in their funded ratios in 2021, they lost ground in 2022 due to investment losses driving up the city's pension burden to $35.4 billion
July 5 -
Illinois Comptroller Susana Mendoza will highlight the state's progress on key fiscal metrics during upcoming meetings with the rating agencies and has updated the fiscal 2023 interim audit as the full audited results have not yet been published.
July 3 -
S&P expects improvement although for some borrowers that simply means a reduction in losses, or breakeven to just slightly positive margins.
June 29 -
The Board of Education approved a fiscal 2024 budget amid warnings about the need for more state help to manage a gap of up to $700 million in fiscal 2026.
June 29 -
"We believe pensions have an elevated probability of stressing the state and local governments' budgets even as Illinois has made supplemental contributions above the statutorily required amounts," S&P Global Ratings analyst Joseph Vodziak said.
June 27 -
A $100 million offering of voter-authorized general obligation bonds will speed up blight removal and fund parks and transportation projects.
June 27