Illinois

The state's backlog of unpaid bills could skyrocket to $23.7 billion without budget changes, said a new report from Gov. Bruce Rauner's administration.

Chicago officials say the city will complete its $3 billion securitization program with a $600 million deal as soon as January.

The budget and a five-year plan hint at what County Board President Toni Preckwinkle would do if she is elected Chicago mayor.

The Chicago City Council approved the 2020 budget in a near unanimous vote.

Riverside is the latest Illinois municipality to be downgraded because of underfunded pensions.

S&P Global Ratings downgraded Oak Lawn to BBB.

Kane County's share of Regional Transportation Authority sales taxes backs up its pledge of toll revenue for the Longmeadow Parkway bridge.

Illinois' five state pension funds certified preliminary 2020 contributions may change, depending the results of planned buyout offers.

J.B. Pritzker coasted to victory without offering much detail about how he plans to solve the state's fiscal problems.

J.B. Pritzker tapped budget watchdogs and Chicago's fiscal chief for the budget transition committee.