Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.

While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.

Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.

Buoyed by a ratings upgrade from Moody's, the state still faces challenges including high debt and legacy costs.

Business leaders and budget watchdogs ask whether the $212 billion spending plan would set up the state and its anchor city for a fall.

It was the second month in the last 12 to show a year-over-year increase.

Top lawmakers bought time amid pressure from unions and progressive legislators.

Lawmakers packaged revenue, social justice and market positioning while flexing political muscle when they voted to legalize marijuana.

MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.

The governor pointed out the advantages of the current low interest-rate market environment and the state’s low debt levels.