Illinois

Already stung by a 2020 revenue hit of nearly $300 million this year, Cook County sees more budget pain related to the pandemic ahead

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.

A bankruptcy judge will be asked to sign off on the sale of BHF's Shoreline portfolio in Chicago and will hold an initial Chapter 11 hearing on another portfolio.

The new system would hold a commanding presence in Illinois, Michigan and Wisconsin with $17 billion of revenues and 100,000 employees.

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

Mayor Lori Lightfoot and her finance team warn that this year's budget gap is getting bigger, and that painful choices are coming without federal financial aid.

Monday's first phase of emergence from COVID-19 lockdowns will put the city and the Metropolitan Transportation Authority in a national spotlight.

Public pension plans already received their 2020 funding by the time that the initial economic shock wave of the pandemic occurred.

Illinois did not use its maximum amount of notes in the Fed program which could mean a possible expansion of eligibility for the muni program.

Illinois said Tuesday it signed an agreement for the Municipal Liquidity Facility to purchase its one-year certificates. Closing is expected Friday.