CHICAGO — Illinois’ state universities should have sufficient liquidity to meet their fiscal obligations, at least through November, under a newly approved power to borrow against late state payments and an infusion of tuition revenue expected in late August, Moody’s Investors Service reported in its latest credit outlook.

“We expect universities to make their remaining 2010 debt service payments without interruption, assuming short-term liquidity sources are established prior to August debt-service payment dates,” Moody’s wrote this week.

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