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The developer of the proposed $20 billion One Chicago project is seeking state subsidies as part of a P3 deal.
May 22 -
The mayor took the oath of office Monday and faces decisions soon about how to handle unfunded pension liabilities along with rising debt service and labor costs.
May 21 -
A bid to stabilize New Jersey’s soaring pension and healthcare costs faces an uphill battle against the state’s Democratic governor and organized labor.
May 20 -
The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.
May 17 -
The federation endorsed the plan only after Gov. J.B. Pritzker dropped plans for a partial pension funding holiday.
May 16 -
Incoming CFO Jennie Huang Bennett and budget director Susie Park arrive as the city warns that pension contributions may rise more than previously projected.
May 16 -
Illinois bonds are gaining ground in the secondary, supported by scant supply and recent fiscal developments viewed positively by investors and analysts.
May 14 -
Nebraska's largest school district has more than $770 million of unfunded pension liabilities after some pension fund investments turned sour.
May 14 -
New Jersey Senate President Steve Sweeney says the state needs to overhaul pension and health benefits to rebuild its ratings.
May 14 -
Gov. J.B. Pritzker's about-face on re-amortizing to reduce next year's pension contribution is one less negative rating factor, agency analysts said.
May 9