Illinois

The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.

The municipal market will scrutinize the impact of the ultimate contract deal on the school district's books and the city's fiscal burdens.

The state will take competitive bids on $750 million of general obligation bonds next month.

As a decision looms on Preston Hollow's antitrust accusations against Nuveen, the case's judge approved moving a dismissed claim to another court.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

Moody's Investors Service cut OSF Healthcare System to A3 from A2.

Spending and economic strains loom as challenges for the state government, S&P Global Ratings’ Carol Spain said in a recent presentation.

The Securities and Exchange Commission is seeking comment on exemptive relief for municipal advisors in some activities in private placement deals, eliciting fierce resistance from broker-dealer groups.

The fund is seeking to collect $1.8 million of the city's state-transferred tax funds to make up for claimed contribution shortfalls.

Other debts are piling up that could make it harder to craft a solution favorable to holders of the affordable housing bonds, the trustee said.

The judge overseeing Preston Hollow Capital's anti-trust lawsuit against Nuveen could rule any day on the claims.

It marked the fifth dispersal from a Federal Aviation Administration program that will provide $3.18 billion for airport improvements.

Illinois Gov. J.B. Pritzker’s first-year administration is not yet ready to tinker with the state’s underwriting pool for negotiated municipal bond sales.

Reports from S&P Global Ratings and Moody's Investors Service highlight fiscal strains Chicago, Illinois and some local governments face.

Associate Director, S&P Global Ratings

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Moody's shifted its rating outlook to negative from stable on the Chicago Catholic Archdiocese.