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Moody’s Upgrades Illinois’ Bond Rating For First Time Since 1998 CBS Chicago 8 hrs ago Syndicated Local – CBS Chicago Popular Searches A higher bond rating generally means lower interest rates on state borrowing – potentially saving taxpayers millions. Pritzker’s office said in a news release that the governor has focused since taking office on more responsible fiscal management. “I promised to restore fiscal stability to Illinois, and Moody’s ratings upgrade demonstrates that Illinois’ finances are heading in the right direction for the first time in two dec...

Gov. JB Pritzker praised Illinois’ first bond-rating upgrade in more than 20 years Tuesday as recognition for his administration’s fiscal prudence and for what he described as a team effort with other Democratic leaders in state government. “Make no mistake, despite all the challenges of the last year, after eight credit downgrades our state suffered under my predecessor, I say with full certainty Illinois’ fiscal condition is headed in the right direction for the first time in the 21st Century,” Pritzker said at a Statehouse news conference. “We are truly forging a new path for o...

Angelo Polvere was known for his dedication and commitment to the village of Inverness during his tenure as mayor.

Amazon's 360,000-square-foot warehouse will be built on a once-contaminated property in Rutherford that was remediated after 20 years of planning.

Changing the addresses of the four museums could cost the institutions a significant amount of money and complicate their efforts to recover from the COVID-19 pandemic, officials said.