Midwest

Approval of two measures is an instrumental step toward fiscal stability but the district still has work to do, according to S&P Global Ratings.

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.

Voters in three states approved Medicaid expansion, highlighting dozens of ballot measures around the country that will impact budgets and credit.

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

Structural differences insulated Chicago bonds from the worst of the impacts of S&P's new criteria while dragging down the rating of Build Illinois debt.

State officials say the P3 structure will allow it to complete the Interstate 75 project a decade early.

The state's largest retirement fund is advancing the planned buyouts as its unfunded liabilities continue to increase.

The muni market continued to weaken the day after Chicago pulled the biggest deal of the week.

The bonds for IndyGo are secured by a .25% local income tax approved by Marion County voters two years ago.