Midwest

State pension funds have lost much of the ground gained during the bull market of 2021.

The “social” part of ESG evaluations poses the most downside risk to governmental and not-for-profit issuers in the Midwest and Central regions, S&P said.

Illinois closed the books June 30 on a "record-breaking" year for general fund revenues.

The proposal offers no suggestions on financing the project, which, if completed, could allow the stadium to host a Super Bowl or NCAA tournament.

John Petr is now Kutak Rock chair and Hilary Jackler is vice chair

The county is working with PNC Bank to set up a line of credit that could provide up to $300 million of short-term loans to local suburban Chicago taxing bodies.

The investors conference allows city officials to pitch investors on its pandemic recovery and future fiscal prospects while investors get the chance to scrutinize those efforts and pose their own questions.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.

Illinois headed into the new fiscal year with healthier metrics on multiple fronts but its last audit illustrates the long-term drag posed by the state's retirement burden.