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The Chicago City Council approved the 2020 budget in a near unanimous vote.
November 14 -
J.B. Pritzker coasted to victory without offering much detail about how he plans to solve the state's fiscal problems.
November 9 -
Structural differences insulated Chicago bonds from the worst of the impacts of S&P's new criteria while dragging down the rating of Build Illinois debt.
November 6 -
A local government watchdog raised questions because the repayment schedule for a planned $1.3 billion securitization extends beyond debt being refunded.
November 1 -
The deal’s underwriter cited "market conditions," confirming Chicago’s deal was placed on day-to-day status.
October 31 -
The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.
October 29 -
Municipal bond supply takes a leap forward next week as Chicago’s Sales Tax Securitization Corp.’s $1.31 billion deal headlines the new issue calendar.
October 26 -
Financial institutions and other businesses with ties to the kingdom would face a ban on doing business with Chicago under a proposed ordinance.
October 23 -
The 50 City Council members will ultimately have to sign off on new revenue needed to achieve actuarial funding.
October 23 -
S&P Global Ratings cautioned Chicago's leaders about issuing pension obligation bonds and avoiding a backslide on budget progress.
October 19