Illinois

The Chicago Transit Authority's sales tax pledge remains healthy even as it struggles to recover riders amid rising crime and remote work trends.

The state owes $4.5 billion to the federal government for unemployment benefits paid early in the pandemic; bonds may part of the repayment plan.

Indictments of Illinois' former House speaker and the former Chicago city finance committee chair provide fuel for the city's and state's reputations for corruption.

A bond-funded pension buyout extension and automatic transfers into the state's now meager rainy day and pension stabilization funds are being discussed by Illinois lawmakers as they look to wrap up their spring session next month.

Illinois senators joined House colleagues to introduce legislation that would give states with unemployment trust fund loans more interest-free time to repay them.

The Illinois Finance Authority signed off on the financing cementing NorthShore University HealthSystem’s recently closed merger with Edward-Elmhurst Health.

Moody's raised the Chicago Board of Education's rating by one notch to Ba2.

Lawmakers are being asked to put off a deadline to consolidate suburban Chicago and downstate police pension assets and extend the deadline for funds to reach a 90% funded ratio by 10 years.

The Illinois Sports Facilities Authority projects a fiscal 2022 shortfall in hotel tax collections needed to repay the annual state advance that covers debt service.

Municipal bond issuance in the Midwest reversed course last year, falling by 7.4% to $77.5 billion.