Illinois

Mayor Rahm Emanuel said there would be no taxpayer funding.

Cook County will cut jobs and lay off some workers to plug the budget hole.

A budget without big new tax hikes was an easy sell for Chicago aldermen despite looming pension clouds.

Illinois follows up its $6 billion of October borrowing with $750 million of new money GOs.

The Cook County, Ill., board will vote on a fiscal 2018 budget Tuesday, the same day as Chicago.

The junk-rated school district pared down spreads after bolstering its balance sheet.

The Illinois Metropolitan Pier and Exposition Authority's direct rating link to the state government was costly.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.

A bankruptcy court judge is weighing whether the municipal government-sponsored project qualifies for Chapter 11.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.

The Illinois Finance Authority authorized a passel of deals that would be outlawed by a GOP tax bill.

The state reported a small jump in its unfunded burden while its funded ratio saw a sliver of improvement.

The bond proceeds and matching federal funds mean Illinois will pay off $8.5 billion of bills.

The city still plans to refund its outstanding water debt under its own revenue bond credit.

The Metropolitan Pier and Exposition Authority will price $475 million, burdened by its link to the state's bond rating.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

Cook County commissioners urged not to use one-shots to balance 2018 budget.

Kroll Bond Rating Agency and S&P Global Ratings both revised their outlooks.

The collective funded ratio of all Illinois public pension funds is 47.9%, according a state report.

The Northeast Women in Public Finance will present this year's Freda Johnson Award for Trailblazing Women in Public Finance to Carole Brown and Julie Morrone at The Bond Buyer's Deal of the Year ceremony on Dec. 6 in New York City.