TITLE

Illinois' largest debt plan

AUTHOR(S)
Shields, Yvette
PUB. DATE
May 1999
SOURCE
Bond Buyer;05/05/99, Vol. 328 Issue 30634, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on Illinois Governor George Ryan's proposed state debt legislation that will help pay for the Illinois FIRST public works program. Authorization of $4.3 billion of state borrowing; Issuance of the bulk of the state debt as general obligation bonds while the rest will be backed by sales tax; State's reliance on established credits to back the bonds; Repayment of the actual debt service.
ACCESSION #
1835480

 

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