Announces borrowing plan to pay down bill backlog, calls on General Assembly to help fix Illinois’ still out-of-balance budget
SPRINGFIELD (Sept. 7, 2017) – After conducting a thorough review of the out-of-balance fiscal year 2018 budget passed by the General Assembly in July, Gov. Bruce Rauner today announced he intends to exercise borrowing authority to issue $6 billion in bonds to pay down a portion of the state’s bill backlog.