The legislation impacts Chicago fire pensions, but it's stirring debate over costly fixes needed statewide to avoid running afoul of Social Security rules.
The Mid-Year Budget Forecast shows the sustained financial progress that Mayor Lightfoot has made in achieving structural balance in the City’s finances.
The city received $217 million of retail orders a rarity in Illinois where local bonds don't benefit from state tax exemption and interest from 11 ESG funds.
Last week's deal, upsized to $533 million, attracted $4.5 billion of orders after positive rating news including the end of Moody's speculative grade status.