CHICAGO – Increased debt service from Illinois’ recent round of borrowing is coming closer to exhausting revenues available in a special capital projects account even as the state has billions more to issue in the coming years under an ongoing $31 billion capital program.

The warning sounded by the Civic Federation of Chicago’s Institute for Illinois’ Fiscal Sustainability poses no risk to bondholders, as all of the bonds sold to support projects in the infrastructure program carry the state’s full faith and credit pledge or a top-rated sales tax backing.

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