City of Chicago, IL

Chicago says its met its obligations under the state pension code; all four of its pension funds have filed shortfall claims with the state.

Market observers says Lori Lightfoot should go light on one-time maneuvers, avoid fiscal gimmicks, and move the city toward structural balance.

Lori Lightfoot is eyeing new taxes, debt refinancing, and state action to help close a $838 million gap.

Lori Lightfoot's Aug. 29 speech comes one month ahead of the city's annual investors' conference.

Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, a report said.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The Civic Federation endorsed the system's 2020 budget but raised concerns over the community college system's long-term fiscal outlook.

Chicago Mayor Lori Lightfoot reset the clock on release of the next year's budget forecast by moving the deadline one month later to the end of August.

Brown left city government at the end of Rahm Emanuel's administration.

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.