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The state of Illinois is preparing to issue $600 million in new Build Illinois junior sales tax revenue bonds next week.
January 8 -
Finance officials from Ohio, Illinois, Pennsylvania, Oklahoma and Palm Beach County have joined Israel Bonds' new Government, Industry and Financial Services Leadership group.
December 11 -
The city may also issue an RFP for underwriters, though the timing is not set, said CFO Jill Jaworski.
November 29 -
While the state is boosting the budget reserve, it's also forecasting $1.4 billion in additional fiscal 2024 revenue that would be partially offset by spending pressures.
November 21 -
The upgrade brings Illinois up to the A-minus level across the board. The state had three BBB-minus or equivalent ratings as recently as July 2021.
November 7 -
Investors and ratings analysts look beyond the bevy of local hospitality taxes backing MetPier's debt to the state sales tax that acts as the paper's ultimate security.
October 3 -
The state in 2010 sold $1.5 billion of bonds backed by payments from a master settlement agreement with tobacco firms and used the proceeds to pay overdue bills.
September 13 -
"In the coming weeks, we will be taking a much closer look at the challenges we face and how we will address those challenges reasonably and responsibly," said Mayor Brandon Johnson.
September 13 -
The governor said a bill authorizing non-home rule local governments to enter into public-private partnerships created the potential for corruption.
August 21 -
The Illinois Attorney General maintains it is unclear whether the state was even defrauded by the Wall Street banks that are accused of rate-rigging by a whistleblower.
August 17