Yvette Shields

Chicago's net pension liabilities increased by $1.1 billion in 2020 to almost $33 billion.

The state's court is weighing whether to allow a public vote on proposed charter revisions that Mayor Mike Duggan warns could trigger a fiscal crisis.

Participants consider whether Illinois' recent upgrade is a one-off due to the flood of federal aid or a turning of the tide toward better fiscal decision-making that could help it climb further up the rating scale.

Michigan's fiscal recovery led S&P Global Ratings to lift its rating outlook to stable from negative. Fitch boosted its outlook to positive earlier this month.

The team from Bank of New York Mellon will notably expand Ice Miller's arbitrage rebate compliance practice as a component of its public finance services.

The Metropolitan Pier and Exposition Authority will scoop-and-toss fiscal 2022 debt service and current refund debt for savings as it looks to salve the lingering wounds inflicted by the pandemic.

After more than a decade of ratings deterioration, the lowest-rated state won an upgrade Tuesday, taking its Moody's rating to Baa2.

The city's fiscal health is holding steady but pension funding strains and possible charter changes pose future threats.

The fiscally strained Chicago suburb's firefighters' fund isn't entitled to share in ARPA relief under a 2018 settlement, a state circuit court judge ruled.

The county that includes Chicago projects a surplus this year that will replenish a reserve draw and a modest $121 million gap is projected next year.

Fitch revised Illinois' outlook to positive but the rating remains BBB-minus, the lowest investment grade.

Following the change, S&P now views all U.S. public finance sectors as stable with the exception of higher education.

Trying to break a logjam that has stalled clean energy legislation, Illinois moved back a decommissioning date by 10 years for Prairie State and Springfield's Dallman 4 plant.

The U.S. Supreme Court's upholding Obamacare removes one potential headache for a healthcare sector still recovering from the COVID-19 pandemic's wounds

Illinois Gov. J.B. Pritzker signed the fiscal 2022 budget with good fiscal and market news in tow and announced his deputy for budget matters, Dan Hynes, is departing.

The city and school district's financial "entanglements" will be the subject of an independent financial review due before the first elections are held.

Analyst John Kenward and public finance commercial manager Kathy Evers retired this spring.

Court approval for the settlement that resolves claims against the state for its role in the poisoning of Flint residents looms this summer.

As lawmakers debate a new two-year budget, the state increased general fund revenue projections by $4.4 billion.

Ivan Samstein will take the top fiscal post at University of Chicago Medical Center. The university will conduct a national search for his replacement.