Illinois Plans $725 Million Bond Sale for Infrastructure Projects

Reported about 6 hours ago

Illinois is preparing to issue $725 million in bonds supported by sales tax revenue to fund capital projects, as it negotiates a $55 billion budget plan. The bonds, intended for infrastructure improvements including roads and bridges, are part of a strategy to tackle overdue capital needs and promote business development. The state's financial decisions regarding the bond sale will take market conditions into consideration.

Source: YAHOO

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