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Automatic deposits would flow to the near empty rainy day and pension stabilization funds if the state government's unpaid bill backlog stays under $3 billion. ....
Market debates whether Illinois can capitalize on rating momentum bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
REGISTER NOW Illinois won a one-notch upgrade Tuesday from Moody’s Investors Service, action that turns the rating tide for a state stung by more than a decade of downgrades that left it one cut away from a speculative grade. Moody’s moved its general obligation and Build Illinois sales tax-backed ratings up one level to Baa2 from Baa3. It continues to assign a stable outlook. Illinois’ management through the COVID-19 pandemic and prudent actions with its rosier revenue projections and $8.1 billion in new federal relief from the American Rescue Plan Act drew Moody’s praise. Illinois Gov. J.B. Pritzker hailed the Moody s rating upgrade, calling it the state s first in more than 20 years. ....
Chicago and Illinois will make voice heard on Treasury ARP guidance bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Alaska's outlook revised to stable by Moody's on prudent plans for permanent fund bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.