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Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.
July 16
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The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.
July 15
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Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.
July 15
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The university wants to upgrade its dormitories.
July 15
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The case's primary claim of anti-trust violations is potentially headed to trial later this month.
July 12
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Eric Holcomb said paying cash for projects would save the state $100 million in interest costs.
July 12
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The evolution of the lawsuit has opened wide the window into high-yield stakes in the municipal industry and laid bare the relationships between broker-dealers and Nuveen.
July 12
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The unnamed governmental entity is seeking recordings that are the subject of recently unsealed transcripts in Preston Hollow Capital’s defamation and antitrust lawsuit against Nuveen. Meanwhile, additional transcripts between Nuveen and Morgan Stanley/Goldman Sachs are now public.
July 11
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Goshen Health is structuring roughly $25 million of the bonds with a mandatory tender and $45 million more as fixed-rate bonds.
July 10
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Junk-rated Bridgeview will receive $65.5 million to allow the Chicago Fire to escape the lease and move to a center-city venue.
July 10
