Illinois

The CTA and its fiscal parent, the Illinois RTA, will try to build a coalition for future funding to face the fiscal reckoning after federal COVID-19 aid ends.

Illinois Gov. J.B. Pritzker signed legislation sending a portion of the state's surplus to the budget stabilization fund and raising the target balance.

Chicago returns to the market later this month with a deal under its Sales Tax Securitization Corp. credit that will offer the city's first social-designated bonds along with a refunding piece that includes the paydown of GO bonds through a tender.

The Greater Chicagoland Economic Partnership said it will leverage the region's first-rate freight infrastructure, talent, industries and institutions.

The double-A rated toll agency has two new money toll revenue bond deals on tap for 2023, totaling $900 million.

S&P Global Ratings raised the state flagship university's rating to AA-minus from A-plus.

A final state regulatory hurdle remains for the casino proposal and the rail transit extension relies on federal funds not yet in hand.

The county that incorporates Chicago chose its chief administrative officer, Tanya Anthony, to take over the top fiscal post after a national search.

Last week's deal, upsized to $533 million, attracted $4.5 billion of orders after positive rating news including the end of Moody's speculative grade status.

States and localities would split a combined $10.7 billion from the two national pharmacy chains.