Illinois

The Illinois city's revenue bondholders want any legal settlement to prioritize their claim over those of pension funds.

The district priced debt Thursday at narrower spreads than it faced in a November sale.

Illinois Gov. Bruce Rauner submitted a capital appropriation for the project this week.

Public transit agencies have a $90 billion backlog of maintenance, repair and modernization projects.

Two rating agencies put Presence Health's low-investment grade ratings on watch for upgrades.

The district is promoting structural protections and fiscal gains as it prepares to go to market with a $260 million refunding.

The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.

School districts and the Chicago Civic Federation slammed Gov. Bruce Rauner's budget plan Wednesday.

The flat state income tax rate is embedded in the state constitution.

The Harvey, Illinois, fiscal crisis highlights bondholder risks posed by pension underfunding, Moody's says.