Illinois

A sales tax increase to pay for a Tazewell County jail is still being collected although the building was paid off in 2011.

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

The Teachers' Retirement System saw double-digit investment returns but its unfunded tab grew.

The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.

Chicago Public Schools says its books are balanced while also saying it needs more than $1 billion of short-term borrowing.

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Chicago Public Schools will ask its board to OK up to $1.1 billion of borrowing Wednesday.

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.