The case of the missing Illinois CAFR – The Bond Buyer

llinois is the only state that has not yet published its fiscal 2018 comprehensive annual financial report and the officials who manage the process can’t put a date on its expected release.

The absence of a CAFR is a blot on the credit of the nation’s lowest-rated state, though it was able to adopt a budget on time this year and releases other reports and updates about its finances.

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How a Chicago Suburb Became a Center of ETFs – Wall Street Journal

How did Wheaton, a city of 53,000 people, become a hub of one of the fastest-growing segments of money management — Exchange Traded Funds?

Part of the story centers on Wheaton College, a Christian liberal-arts school founded by evangelical abolitionists in 1860. Often called the “Christian Harvard,” it is the alma mater of preacher Billy Graham. With roughly 2,400 undergraduates, the college also has produced, or has connections to, a surprising number of well-known ETF pioneers and innovators and their families.

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North suburban landlords slapped with big assessment hikes – Crain’s

The trend is unambiguous. Assessment hikes for commercial and industrial properties dwarfed increases for homes in every township. The total assessed value for all commercial and industrial properties in the eight townships rose 89.9 percent, to $5.89 billion, versus a 16.7 percent increase, to $8.0 billion, for residential, according to an analysis of data from the Assessor’s Office.

The big disparity has shifted the tax burden from homeowners to commercial landlords. Residential properties now account for 58 percent of total assessed values in the eight townships, versus 69 percent last year, according to the analysis. Commercial and industrial properties

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