City of Chicago, IL

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

City tours, panel discussions, and remarks from the mayor and chief financial officer are planned.

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.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

Mayor Lori Lightfoot tapped aviation finance chief Reshma Soni for comptroller and elevated debt manager Jack Brofman to deputy CFO.

Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.

The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The new Chicago mayor traveled to New York City this week for a series of "meet-and-greets" with political and financial players.