State of Illinois

Illinois will square off with lawyers representing John Tillman next month in his 2019 case seeking to void bonds issued to fund pensions and pay down bills.

J.B. Pritzker laid out a few details of his upcoming budget proposal, saying he won't seek a tax hike and will hold spending steady.

State tax collections are faring better than predicted early in the COVID-19 pandemic but uncertainties abound, says a University of Illinois task force fiscal report.

Illinois lawmakers chose a new speaker this week after a lame-duck session that could add to Chicago's and the state's budget strains.

Illinois is asking state justices to resolve efforts to challenge $14 billion of outstanding general obligation bonds.

Budget woes await the state's lawmakers as they convene but Illinois' bonds are benefitting from a Blue Wave, vaccine distribution, and hunger for higher yielding credits.

The muni market headed into holiday hibernation on the last full trading day of the week.

Illinois closed Thursday on its second MLF borrowing as the program nears its expiration date.

Fiscal 2020 added another $3.8 billion to the state's unfunded pension liabilities, according to a new state report.

The state attorney general is asking the court to clarify the legal standard for denying taxpayer actions and decide if the state constitution limits GO borrowing to capital purposes.