Illinois

“We have starved our state of a fundamental economic investment and job creator,” said Chicago Mayor Rahm Emanuel.

Gov.-elect J.B. Pritzker will inherit $133.7 billion of unfunded pension liabilities, according to a nonpartisan state commission.

The Illinois State Toll Highway Authority will bring about $430 million of refunding debt to market.

A Fitch Ratings looks at the credit implications of ideas pitched by Gov.-elect J.B. Pritzker.

Chicago boosted to the size of its first sale to finance the O'Hare terminal makeover to $2 billion.

The St. Louis-based, multi-state Catholic health system is selling $175 million of taxable paper Tuesday.

Chicago Public Schools is selling more than $1 billion of GOs, capital improvement tax bonds, and notes.

Chicago expects to add more than $9 billion in O'Hare debt in the coming years to upgrade the airport's terminals.

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.

The results stand to influence the municipal market through capital planning and budget actions with potential impacts on ratings and borrowing levels.

Chicago Heights joins the list of local governments hit with a Moody's downgrade becaue of pension funding strains.