Illinois

The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.

A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.

Chicago and its pension funds dispute whether the city is meeting its obligations; the city says the state comptroller is too quick to believe the funds.

Jennie Huang Bennett is seen as the front-runner as the municipal bond market awaits the Chicago mayor-elect's fiscal picks.

The state Senate approved the proposed constitutional amendment on a party-line vote.

The veteran-majority owned firm has hired its first banker — Chicago-based Frank Paul.

The debt service reserves for the Better Housing Foundation deals were drained to make the last bond payment.

The next five weeks will determine the fate of first-year governor J.B. Pritzker's proposals for the fiscally troubled state.

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Moody's labeled the April 2 election results a credit positive.

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

Mayor-elect Lori Lightfoot opted not to try to block votes on controversial subsidies that could top $2 billion for two economic development projects.

Lori Lightfoot picked Jeffrey Bethke to help address the city's pension and budget demands when she takes the helm next month.

Advocates are pressing for more than a pork-filled package, with reforms and sustainable funding sources, too.

The Illinois Finance Authority says one green investor snapped up a piece of deal during retail order period.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

The Illinois Finance Authority takes retail orders Tuesday on the $450 million SRF deal before pricing Wednesday.

Chicago and Illinois poured more than $1 billion of their high-yielding, low-investment-grade rated GO paper into the market on the same day.

A Chicago area broker-dealer agreed to pay a $25,000 to settle FINRA charges that it relied on alternative trading systems and failed to maintain its own risk-management controls.