ILLINOIS FINANCE AUTHORITY

May 13 2026FINANCE

The Hidden Cost of Manual Work in Finance Teams

Finance teams often seem busy, but busyness doesn’t always mean they’re getting important work done. Surprisingly, most finance leaders admit their teams waste hours on repetitive tasks like typing numbers into spreadsheets or matching transactions by hand instead of focusing on big-picture planning

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May 13 2026ENVIRONMENT

Dust storms hit Illinois roads, raising safety concerns

Illinois is seeing more dust storms these days, and they’re not just an annoyance—they’re a serious danger. Strong winds can lift dry soil from farm fields, creating sudden walls of dust that reduce visibility to almost zero. These storms can appear quickly, turning highways into risky zones for dri

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May 02 2026POLITICS

A billionaire governor’s next big move

Illinois Governor JB Pritzker is no stranger to writing big checks for political battles. But if he decides to run for president in 2028, he won’t be footing the entire bill himself. That’s according to people close to his inner circle, who say he’s already testing the waters with national fundraise

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Mar 18 2026POLITICS

A New Senate Hope: Illinois Votes for a Black Woman with Big Support

Illinois voters have chosen a new face for the Senate, electing a Black woman who has long worked under Governor JB Pritzker. The win shows how powerful state politics can be when a governor’s backing is combined with substantial outside money. The campaign began when the incumbent senator, Richard 

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Feb 12 2026ENVIRONMENT

Data Centers: A Growing Concern for Illinois

Illinois is facing a big challenge with data centers. These huge facilities are popping up quickly, and they're causing some problems. They use a lot of water and electricity. This is making people's bills go up. Plus, they might be hurting the environment. A new law called the Power Act is being p

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Jan 15 2026TECHNOLOGY

Finance Teams Get a Boost with New Software

Finance teams just got a powerful new ally. Pacera, a fresh software company, is here to shake things up. It's made by merging three well-known Nordic finance tools: Aico, AARO, and Mercur. Each of these tools has been helping finance teams for years. Aico handles the financial close process. AARO m

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Jan 11 2026POLITICS

Illinois Lawmakers Face Tough Choices with $2. 2 Billion Budget Gap

Illinois lawmakers are back at work, but this time, they're dealing with a $2. 2 billion budget gap. That's a lot of money, and it's not going to be easy to fix. The state is also dealing with some big changes in Washington, like fewer federal dollars coming in. This means lawmakers have to be extra

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Jan 07 2026FINANCE

How AI and Humans Can Work Together in Finance

Finance teams are changing how they work. They are using AI to handle routine tasks. This lets them focus on more important things. AI can do things like closing books, forecasting, and reporting. It can also spot problems and give clear results. Humans still make the big decisions. They guide the A

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Dec 18 2025BUSINESS

The CFO's Guide to Staying Calm in a Chaotic World

Finance leaders face a tough job. They deal with constant changes and high stress. But what if the key to success isn't just about crunching numbers? What if it's about mindset? A recent conversation with Chikako Tyler, COO at California Bank & Trust, shed light on this. She's not your typical fina

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Dec 02 2025FINANCE

Finance Leaders: Steering Through Change and Tech

Finance chiefs are in the hot seat, balancing new tech and old risks. They're not just crunching numbers anymore. They're steering the ship, especially with AI shaking things up. But it's not easy. The world's a mess with economic uncertainty and supply chain chaos. Yet, finance leaders are stepping

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