State general revenues top $50 billion for first time in FY 2022 tspr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tspr.org Daily Mail and Mail on Sunday newspapers.
Illinois' spread penalties widened sharply from the state's last deal, but they landed in lockstep with current trading levels as the state saw healthy demand for its $1.6 billion GO issue.
The Illinois General Assembly recently approved spending $2.7 billion to reduce part of $4.5 billion of debt in the unemployment insurance trust fund, the fund that pays for unemployment insurance benefits. Illinois has received $8.1 billion of the funds aimed at providing the state relief from the impact of the coronavirus pandemic.