Illinois Budget Chief Says State May Halt New Capital Spending

Shields, Yvette
November 2004
Bond Buyer;11/9/2004, Vol. 350 Issue 32007, p1
Trade Publication
Reports on the warning of Budget Director John Filan that the state of Illinois may forgo capital spending in fiscal 2005 unless lawmakers come up with new revenue. Value of the proposed capital budget; Unclear impact of the proposed budget on the borrowing levels; Plan of the Illinois Finance Authority to increase its bond authorization cap.


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