State of Illinois

The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.

A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.

The state Senate approved the proposed constitutional amendment on a party-line vote.

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

The next five weeks will determine the fate of first-year governor J.B. Pritzker's proposals for the fiscally troubled state.

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

Municipal bond volume will fall to $5.5 billion in the upcoming week, with green deals from Illinois and Arizona.

After two months of gains from 2018 levels, municipal issuance sank 7% from March last year as the loss of advance refundings continues to take a toll.

Chicago and Illinois poured more than $1 billion of their high-yielding, low-investment-grade rated GO paper into the market on the same day.

Deals from the NYC TFA, Chicago, Illinois, California, Maryland and Miami-Dade County help satisfy demand.

Muni rates and ratios have benefited from macro themes driving rates lower, according to a report released Monday.

Almost $9 billion of municipal bonds are coming to market with deals from a variety of issuers to quench the thirst of buyers experiencing a supply drought.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

Debate now begins in earnest on the governor's plan to change the state constitution to allow graduated income tax rates.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

Municipal bond issuance jumped 29.2% in February, and may climb further as the initial effects of the 2017 tax act fade.

In an historic election result, two African-American women will face off in a runoff election to become the next mayor of Chicago. Yvette Shields talks with Chip Barnett about what this means for the municipal bond market and why it matters to bondholders.

The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.

Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.