City of Chicago, IL

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.

Moody's is bullish on the state's budget and capital bills, less so on gambling expansion and recreational marijuana

New Mayor Lori Lightfoot shows a commitment to maintaining investor relations that helps the city's access to the bond market

A judge denied Chicago's request for a restraining order to stop the state comptroller from intercepting state grant money on behalf of city pension funds.

Mayor Lori Lightfoot called on Edward Burke, the former finance committee chair, to resign from city council after new federal corruption indictments.

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

The developer of the proposed $20 billion One Chicago project is seeking state subsidies as part of a P3 deal.