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The city is also considering its first general obligation bond issue since 2017.
October 18 -
Rahm Emanuel, who is not seeking re-election, offered a budget with no tax increases or answers to long-term pension funding questions.
October 17 -
Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.
October 11 -
An asset transfer that links a revenue-producing asset to public pension funds may provide long-term solutions to poorly funded systems.
October 11Consultant -
Candidates in the mayoral and governor's races acknowledge daunting pension burdens without offering concrete solutions.
September 25 -
State Comptroller Susana Mendoza blames Gov. Bruce Rauner for the two-year budget impasse, which she called a "man-made calamity." Paul Burton and Chip Barnett host.
September 25 -
The district will bring $75 million of new money and refunding bonds to market.
September 21 -
Thefirefighters' pension fund says Chicago shorted it $3.3 million, and wants to use an Illinois law to intercept state grant funds.
September 14 -
A $10 billion POB deal would be a tougher sell now that Rahm Emanuel has said he won't seek another term.
September 11 -
The short-end of the municipal bond market is rich relative to U.S. Treasury and corporate bonds, says J.R. Rieger.
September 10