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Illinois' tardy fiscal 2020 financial statements offer a view of COVID-19's early impact on the state's finances.
August 31 -
After more than a decade of ratings deterioration, the lowest-rated state won an upgrade Tuesday, taking its Moody's rating to Baa2.
June 29 -
Fitch revised Illinois' outlook to positive but the rating remains BBB-minus, the lowest investment grade.
June 23 -
The budget pays off Municipal Liquidity Fund loans, goes easier on local governments, cuts some corporate incentives, and begins drawing down federal relief.
June 1 -
The state Supreme Court upheld with the original circuit court ruling tossing out the lawsuit, which sought to invalidate more than $14 billion of GO bonds.
May 20 -
Gov. J.B. Pritzker is now willing to fully fund a scheduled education funding hike but other contentious issues remain, notably corporate tax breaks.
May 10 -
Municipal bond issuers in the State of New York accounted for half of the top 10, while issuers from California held two of the top four spots.
April 9 -
The first quarter of 2021 concludes with $102.1 billion, slightly higher than the $95.3 billion that the market saw in the COVID-ravaged first quarter of 2020.
March 31 -
Transportation fare and tax revenues lost to the coronavirus can be countered with federal relief funding, says the Illinois Economic Policy Institute.
March 30 -
Moody’s followed S&P in lifting Illinois’ outlook to stable, where it stood before the COVID-19 pandemic, but a lot more needs to happen for an upgrade.
March 26