WebApr 10, 2024 · WHAT ALBANY'S READING “The state budget proposals that could transform New York—if it ever gets passed,” by Crain’s New York’s Nick Garber: “By early April, Gov. Kathy Hochul hoped to ... WebOct 17, 2015 · The state recently announced that it was not paying out any winnings worth more than $600 until its budget crisis is resolved – but it’s still running TV ads promoting the lottery. ... (Bloomberg) Illinois will delay payments to its pension fund as a prolonged budget impasse causes a cash shortage, Comptroller Leslie Geissler Munger said. ...
Illinois’ budget crunch: No cash for pensions
WebApr 19, 2024 · Published April 19, 2024 • Updated on April 19, 2024 at 11:23 am. Gov. J.B. Pritzker signed a $46.5 billion budget Tuesday morning that includes $1.8 billion in election-year tax relief and a $1 ... WebOct 19, 2015 · Illinois was lowered to three steps above junk by Fitch Ratings amid a political stalemate that has left the state without a budget for nearly four months, worsening a financial crisis that has ... the bridge bbc
Illinois Downgraded by Moody
WebJun 2, 2024 · The 2024 budget will pay down the $2 billion remaining from the $3.2 billion the state originally borrowed from the Federal Reserve’s Municipal Liquidity Fund (MLF) program in the midst of the pandemic. Lawmakers are taking credit for the move, saying paying down the debt early will save Illinoisans $100 million in interest savings. WebJul 7, 2024 · Despite the $36 billion budget getting pushed through, Illinois remains in a financial mess following decades of mismanagement and the recent budget fight. The state has racked up $15 billion... WebMay 31, 2024 · Bond-rating companies have warned of further ratings cuts, signaling that Illinois could be the first state since at least 1970 to lose investment-grade status. the bridge between community centre barry