A legislative investigation found Comptroller General Richard Eckstrom responsible for an error that was overlooked for a decade and ballooned to $3.5 billion.

The state plans to enter the market before the fiscal year closes June 30th with eyes turned to Fitch and whether it will follow Moody's and S&P with an upgrade.

Chicago Mayor Lori Lightfoot and council members passed resolutions honoring Msall for guiding local finances over two decades as Chicago Civic Federation president.

Members of the Fed learned the wrong lesson from bizarrely focusing on the 1970s when they said "If history has taught us anything, it's to not let up too soon on inflation."

Until now, the battle over the role of ESG factors in investing has played out on the state level.

Illinois Comptroller Susana Mendoza talks with Yvette Shields about the state's progress on building up reserves and paying down debts that have helped lift the state's bond ratings, efforts to make further headway and the challenges of making sure fresh legislative faces understand the pains suffered during the two-year budget impasse. (35 minutes)

The bill's sponsor pointed to board members' need for expertise.

Lawmakers must consider the proposal before the end of the legislative session this month after a gut-and-amend maneuver.

The MTA, which expected to begin collecting the tax next year, has revised downward its 2024 projections as federal review is taking longer than expected.

Among the record number of bills filed in the biennial session are bills aiming to restrict or expand municipal bond issuance.