Illinois

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.

The city will bring $700 million of GO bonds in a tight window after an Illinois deal and before the city's mayoral runoff election.

A boost in state funding and higher local property valuations lifted school districts' finances, according to the Illinois State Board of Education.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

A Chicago-area ice rink facility built with $20 million of bonds is being sold for $10 million.

Preston Hollow's accusations against Nuveen of bully tactics underscore the cutthroat competition for market share.

In his waning days, Chicago Mayor Rahm Emanuel won approval for several development projects and a new money GO issue.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

New York, Chicago and Los Angeles, with disparate challenges, set the tone for effective planning, said Kroll.

Debate now begins in earnest on the governor's plan to change the state constitution to allow graduated income tax rates.