Yvette Shields

The CTA heads into the market with an amended budget and warnings about the coronavirus pandemic's impact on its budget without a new infusion of federal aid.

This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

The elite university is selling $300 million of taxable debt this week.

A preliminary settlement would resolve claims against Michigan by Flint residents over the city's 2014 lead-in-water contamination crisis.

Mayor Lori Lightfoot's administration isn't giving much hint as to how the city will pay for a plan to replace lead water service lines.

The coronavirus adds to the fiscal challenges facing the already junk-rated school district, which is the nation's third-largest.

Illinois' longest serving governor, James R. Thompson, died Friday due to heart complications.

Its $125 million taxable social bond follows a $1 billion Ford Foundation deal as part of a multi-foundation pledge in response to the COVID-19 pandemic.

The authority's issue will also provide new money to help finance renovations at the state's historic capitol building in Lansing.

Huntington says the Michigan team that came over from Hilltop has experience covering local school districts and governments as well as the state.

Under a court-approved consent decree, the impoverished south Chicago suburb will keep 90% of pledged tax revenues as it works on a debt restructuring.

Moody's Investors Service says the appellate court decision could impede the state government's flexibility in dealing with coronavirus-driven budget woes.

The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.

Without commenting on the legal merits laid out so far in the case, an appellate court panel concluded the lawsuit met the threshold to proceed as a taxpayer action.

Illinois in the spring cut its fiscal 2020 and 2021 revenue estimates by more than $7 billion due to the pandemic.

Ahead of the state's $1.2 billion sale next week, S&P revised its outlook on the AAA rated state to negative

The Illinois Public Pension Fund Association says POBs could offer a potential fix for some but some market participants urge caution due to POBs' perils.

UMB's appeal of a lower court decision siding with Platte County over its legal obligation to honor an appropriation pledge is being heard Wednesday

Minnesota’s projection of a $2.4 billion gap in the current budget cycle remains on target, but another $4.7 billion gap looms in the next two-year budget as the toll mounts for the COVID-19-induced economic shutdown and recession. The state plans to sell $1.2 billion of GOs next week.

The Metropolitan Pier and Exposition Authority named underwriters and a team to sell up to $200 million of bonds to manage pandemic-driven revenue losses.