After last year's budget stalemate, Standard & Poor’s dropped Chicago's bond rating, which determines the city’s borrowing ...

There could be pushback, as Chicago City Council's Finance Committee gets set to vote on a $1.25 million settlement in the ...

Some aldermen say the settlement will send a dangerous message, while others say it will save the city money, and time, in the long run.

The Chicago City Council Finance Committee was ready Monday to battle over a controversial settlement for the family of Dexter Reed, who was killed by Chicago police officers last year in a shootout ...

Angela Parks was hit by an SUV fleeing police in August 2020, and was left a quadriplegic before dying 18 months later.

Ratings agency S&P downgraded the city of Chicago’s general obligation debt late Monday, citing structural imbalance in the just-passed 2025 budget, limited options for new revenue down the line ...

There were many accolades when the Lake Forest City Council honored Finance Director Elizabeth Holleb. For one council member, it was Holleb’s ability to take complex municipal finance matters and ...

The City Council Finance Committee on Monday approved settlements in three lawsuits tied to former CPD Commander Jon Burge, former Sgt. Ronald Watts, and former Det. Reynaldo Guevara. Dave Savini ...