Illinois

Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.

Bankruptcy is no cure for junk-rated Chicago Schools’ fiscal ills, says schools chief Forrest Claypool.

The Highland School Board approved the issuance $5.5 million worth of bonds at its meeting on May 22.

Chicago's departing budget chief says budget gains will help the city resolve its pension problems.

Time’s almost up for Illinois state lawmakers and the governor to come up with a budget plan that all can live with as the spring legislative session ends this week.

Illinois is trying to block efforts to put Medicaid providers on par with debt service payments.

The Aurora City Council has passed a $16.5 million bond issue to fund capital projects during the next four years.

Chicago's school board advanced plans to sell $900 million of short-and-long term debt.

A coalition of prominent groups told Illinois lawmakers not to come back without a budget resolution.

Illinois Senate Democrats passed a $37.3 billion budget with more than $5 billion of new tax revenue.

The Aurora City Council is set to vote on a $16.5 million bond issue to pay for capital projects during the next four years.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Illinois still has time to solve its budget ills, according to Fitch Ratings.

The District 80 Board of Education Monday approved issuing $5.5 million in bonds to fund a new gym and safety upgrades at district buildings.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Chicago Public Schools is seeking authorization to bolster its GO authority to $500 million.

Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.

Chicago Public Schools will borrow against delayed state grants to finish the school year.

Tax hikes, cuts, and reforms are needed to tackle Illinois' fiscal crisis, a business group suggested.

Bonds for Northern Illinois University student housing were sent to junk over occupancy struggles.