Illinois

Comptroller Susana Mendoza wants lawmakers to override Gov. Bruce Rauner’s veto of the Debt Transparency Act.

In what’s easily the largest deal of the year, Illinois is set to come to market with $4.5 billion of general obligation bonds that will help pay down a bill backlog that’s around $15 billion. The lowest-rated U.S. state has momentum going its way after last week’s successful $1.5 billion competitive GO sales -- and Illinois is hoping that success spills over into this week’s negotiated offering.

The Illinois borrowing pitch highlights “improving” credit fundamentals and its position as the Midwest “powerhouse.”

The region's governments could find it harder to generate fresh revenue, Moody’s Investors Service said

Chicago's proposed budget makes incremental progress, according to S&P Global Ratings.

Chicago relying on savings from new securitization borrowing program to help balance 2018 books.

Illinois' break in budget gridlock and tax hikes help market digest bonds.

The Edwardsville District 7 Board of Education could save $731,000 by refinancing bonds.

P3 specialist Jessica Platko brings international experience to the firm.

Taxpayers in Indian Prairie School District will save $10.5 million as the district refinances bonds by issuing new bonds at a lower interest rate.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

The county must move to replace the lost revenue, the rating agency says.

The allure of promised savings persuaded most Chicago City Council members.

Cook County officials will have a $200 million budget hole to fill without the tax.

The securitization bond program is up for council vote this week, with plans to reach the market by late November.

The state will sell $1.5 billion of GOs competitively on Oct. 17.

A soda tax repeal would drill a $200 million hole in the county's budget.

Chicago hopes to get into the market by year's end with the first of up to $3 billion of refunding under new credit.

The proposed combination is the latest in a continuing wave of nonprofit healthcare consolidation in Illinois and nationally.

The new state budget provides funding certainty, but the universities' struggles will linger.