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The record May tax revenues are a product of a strong economy and 2017 revenue legislation, said Ken Miller, the state treasurer.
June 12
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A quarter of municipal bond issuance so far this year carried just one rating agency opinion, heightening uncertainty over credit quality for some investors.
June 12
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The three agencies that rate Illinois are watching to see how well assumptions in the budget play out during the fiscal year.
June 12
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The Government Finance Officers Association said Tuesday it generally supports most of the recommendations an SEC panel plans to discuss in Atlanta later this week.
June 12
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Municipal bonds weakened Tuesday ahead of the Federal Reserve’s monetary policy meeting as new supply headed into the marketplace.
June 12
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Major Puerto Rico bondholders are balking at a tentative agreement that would steer to owners of sales-tax-backed debt a large chunk of the revenue they’ve been pledged, threatening to prolong a fight over one of the biggest issues in the island’s record-setting bankruptcy.
June 12
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The City Council approved a budget that includes $559 million for infrastructure.
June 12
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A $3 toll hike will raise $4.45 billion for transportation projects.
June 12
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A brief period of peace between the Oversight Board and the governor may soon end.
June 12
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The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.
June 12
