Illinois

Illinois Gov. Bruce Rauner's budget proposal would push some state costs onto schools and universities

The venture hired infrastructure specialist Robert Keough.

Release of the spending plan marks the first salvo in the fiscal 2019 budget season.

Efforts to push Lombard Public Facilities Corp. out of Chapter 11 were recently dropped, easing obstacles to its restructuring.

Siebert Cisneros Shank brought in the former Ramirez banker to bolster its Chicago office.

Harvey, Illinois can ill afford higher pension contributions as it's yet to make good on defaulted bond payments.

Musk's The Boring Company is one of four firms and teams that responded to the city's request for qualifications.

Chicago has yet to identify to how it will pay for higher future pension funding, but Kroll says the city can manage.

Chicago says no taxpayer funds will go to build a proposed express line between downtown and O'Hare.

An Illinois lawmaker has filed a bill that would authorize the massive borrowing.

The stakes are high with two of the state’s general obligation ratings one notch away from speculative grade.

The "transformative" effect of landing the second Amazon headquarters is likely to help the economy of the winning government, according to S&P.

Chicago’s Sales Tax Securitization Corp. bonds cleared the market after a one-week delay.

Several market participants said it’s hard to take such a proposal seriously.

State agencies are also holding $2.3 billion of bills that can’t be paid until lawmakers approve appropriations, the state comptroller said.

The Regional Transportation Authority of Northeastern Illinois has begun laying the groundwork for a campaign to raise more public money.

The city will see Monday if its retooled sales tax securitization issue is a go with the market.

Chicago plans to jump into the market with next securitization when its "tone" improves.

Bankruptcy attorneys who work with local governments on project financing are paying attention.

Moody's shifted the outlook on its A3 rating forSpringfield, Illinois, to negative.