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Chicago fared poorly in a Moody's report about the nation's largest cities and Illinois continues to stand out for budget stress and pension liabilities.
December 12 -
The city is folding together separate syndicate and advisor teams on $1.2 billion of general obligation and Sales Tax Securitization Corp. refunding deals.
December 10 -
The Illinois Finance Authority and Chicago closed on the first property assessed clean energy bond deal in the state and authorization is in place for more.
December 9 -
Rating agencies affirmed Chicago's GOratings and the first report also out on the new junior lien Sales Tax Securitization Corp. credit.
November 27 -
Mayor Lori Lightfoot's first budget cleared the City Council on a 39-11 vote.
November 26 -
The decision comes as the courts told the city it's on the hook to make up the roughly 2% shortfall in property tax collections to fully cover set payments.
November 21 -
The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.
November 20 -
Mayor Lori Lightfoot says the city can manage through 2020 and will wait for the 2020 session to resurrect requests.
November 15 -
The Chicago Civic Federation supports the proposed budget despite worries
November 13 -
Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.
November 12