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The RTA and its service boards are eyeing funding sources to avoid damaging service cuts and fare hikes as they exhaust federal COVID-19 pandemic relief.
December 6 -
Advocate Aurora Health and Atrium Health finalized their merger Friday.
December 5 -
The state will use surplus revenues to pay off the remaining $1.36 billion balance and will loan the trust another $450 million to bolster its health with repayment going toward the state's budget stabilization fund.
November 30 -
University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint
November 29 -
Chicago's Sales Tax Securitization Corp. will sell $150 million of social bonds next month in the city's first ESG-labeled deal.
November 18 -
Illinois raised its fiscal 2023 revenue estimates by $3.69 billion, giving Gov. J.B. Pritzker enough to propose doubling the state's $1 billion rainy day fund.
November 15 -
Both S&P Global Ratings and Kroll Bond Rating Agency revised their outlooks for Chicago general obligation bonds to positive from stable.
November 11 -
Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.
November 9 -
Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.
November 8 -
A report digs into the fiscal "entanglements" between CPS and the city as the district moves from mayoral control to an elected school board.
November 4