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Still, Moody's on Tuesday revised its outlook on the New York MTA's primary transportation revenue bond credit to stable from negative while affirming its A3 rating.
April 6 -
A bill backed by the Municipal Employees’ Annuity and Benefit Fund underscores the fiscal strains created by Chicago's pension underfunding.
March 16 -
From the use of taxables to forward deliveries, refunding deals drove an overall 15.8% hike in Midwest bond volume that exceeded the national average.
March 2 -
Gov. J.B. Pritzker is still mulling action on legislation Mayor Lori Lightfoot says will add to the city's considerable fiscal burdens.
February 22 -
Joliet will finance new infrastructure with a mix of revenue borrowing and state and federal loans in an agreement that will bring Chicago $30 million annually.
February 3 -
The Illinois legislature passed a pension benefit enhancement for a group of Chicago firefighters. If Gov. J.B. Pritzker signs it, local taxpayers will pay up.
January 26 -
ISFA board member Leslie Darling will take over the role of board chair.
January 25 -
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.
January 14 -
Chicago's CFO turned to short-term borrowing to see whether the federal government comes through with aid to make up for the COVID-19 pandemic's tax blows.
December 18 -
The budget cleared the Chicago City Council Tuesday. Rating agency and buy side reviews on the final plan will come next.
November 25