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The city of Aurora, Illinois, is issuing an upfront loan to developer Penn Entertainment using bonds backed by tax increment financing district revenue.
February 7
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After two auctions, Mercy Hospital, a nonprofit hospital in Iowa City, was sold, but bondholders' recovery will hinge on the Chapter 11 liquidation process.
February 6
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Illinois' Commission on Government Forecasting and Accountability last week released its Special Pension Briefing on state-funded retirement systems in 2023.
February 6
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The bond trustee for the city of Nevada, Missouri-owned Nevada Regional Medical Center declared its bonds to be in default.
February 2
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Fitch Ratings recently downgraded Marshfield Clinic Health System, a nonprofit group of 11 hospitals in central Wisconsin, to BBB from BBB-plus.
January 31
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Brandon Comer and his firm Comer Capital Group have to pay the sum as part of a final judgment reached in federal court in Illinois.
January 29
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LSEG Lipper reported Thursday that investors added $210.6 million to municipal bond mutual funds for the week ending Wednesday — the third consecutive week — after inflows of $898 million the week prior.
January 25
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Wisconsin and Minnesota have jointly received a $1.05 billion grant from the U.S. Department of Transportation to replace the aging Blatnik Bridge.
January 24
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The consolidation upheld by the state Supreme Court promises efficiencies, but the hundreds of local funds involved still face structural challenges.
January 24
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Providing care for thousands of migrants is contributing to the system's escalating uncompensated care costs.
January 23
